Shorting stocks: High fliers Message Board

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Strategies & Market Trends : Shorting stocks: High fliers

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To: Anaxagoras who wrote (458)	3/23/1998 7:16:00 PM
From: Brad Davies	Read Replies (2) of 709

Puck, If misery loves company, you will be happy to know that you were not alone. I had a similar experience with both Amazon and Yahoo. Like you, I know better. I promised I would not let it happen to me again, after Presstek a couple of years ago. Trouble is...I'm human. The hardest thing to do is take a loss when you know you are right. You have to try to establish your maximum upset price before you take your position...and stick to it. I think you know that trading rule as well as I do. I will be waiting for YHOO and AMZN to turn though, and I am confident they will. Hopefully we only lost the battle, not the war. Regards, Ron

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