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Strategies & Market Trends : Lessons:"How to" properly exploit Price DROPS, in stocks

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To: Jim Goodman who wrote (590)10/1/1998 8:25:00 PM
From: Derrick P.  Read Replies (1) of 660
 
Jim,

My understanding of boxing is to have sold shares short and then buy shares of the same company long. This is used I believe in a volitiale market where you want to sell the long shares as the stock goes up and the shorts when it goes down. The intent was to reduce the pain while the stock rallied, while still holding the short. After todays pummeling, it looks like YHOO was in a final blow-off rally. Wish I knew for sure.

Derrick
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