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Non-Tech : Invest / LTD
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To: NucTrader who wrote (2335)8/31/1998 7:50:00 PM
From: drsvelte  Read Replies (4) of 14427
 
Nuc

I actually went long on DELL at the close for 100 shares @ 100. I am looking for a) a little pop at the open, and then a continuation down, or 2) a continued slide, then a reversal up intraday a la last October post-crash Tuesday. I think 1) is more likely which will create more shorting opportunities. Futures were up about 5.00 as I type.

I made a big blunder (another one!) in retrospect. Shorted AMZN at 104 9/16 and put in a buy to cover at 98. I never thought it would hit this and I always like to have an active cover, but it blew thru 98 like a train. I was hesitant to reshort, and thus lost out on 75% of its decline. But at least I made a little $$$.

What's folks take on tomorrow??
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