Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (15355)	11/11/1998 4:35:00 PM
From: sheldon spivak	Read Replies (1) of 18691

Roger, I too lost my courage yesterday and covered my YHOO short @179 3/4 for a tremendous loss. I immediately felt relief as it continued up to 185, only to feel bad to see it close yesterday @ 176+ and now today @ 165. There was just so much punishment that I could take. My mistake was shorting too early and letting it rid up so far, I initiated the short in early Oct @ 75. Another mistake was shorting too many shares. But, this has worked for me in the past with DDIM and ZITL. Today I knew it would go down when DLJ lowered their rating on EBAY but as I said above I lost my courage. Keep up the posts and good luck trading. Tomorrow is another day.

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