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Non-Tech : Invest / LTD
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To: SJS who wrote (3626)10/2/1998 12:11:00 AM
From: Lee Lichterman III  Read Replies (1) of 14427
 
I was trying to play QWST to the short side not long. It had a bearish chart last night so I tried to play puts. Luckily I didn't fill. I did get a partial later that I exited on a scalp that barely covered commisions.

I like many of the companies I short but go with the general market direction and TA at the time of the trade. I haven't played the long side for weeks now since the threat of a sudden drop is ever present right now. On rallies, I find bad news companies or stocks that have run too far too fast. Then when the market tops, I load up on every thing.

I think we are nearing a short term bottom so I am expecting a slight bounce now.

Good Luck,

Lee
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