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Strategies & Market Trends : LastShadow's Position Trading

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To: Prof who wrote (1183)10/13/1998 12:42:00 PM
From: LastShadow  Read Replies (2) of 43080
 
BGEN and IBM are Positional Shorts (a Judy-ism) and will buy to cover if they go to half way between yesterday's close and today's short entry.

There is a chance those may fill this afternoon, although I am hoping they won't, as I have been looking forard to riding both down for some time.

CMGI and VRTS were both set for a buck. Although CMGI was just shorted to recover the loss from selling the remaining shares still held from yesterday. CMGI shorted at 43.5 and btc at 42.5, VRTS shorted at 35.5 and btc at 34.5.

AAPL is wavering now, so that may be exitied (mental stop set equal to buy), otherwise will hold overnight.

lastshadow

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