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Strategies & Market Trends : Roger's 1998 Short Picks
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To: RockyBalboa who wrote (15523)11/17/1998 1:11:00 AM
From: Dale Baker  Read Replies (1) of 18691
 
For the record, this was a tiny trade, only 200 shares short at 8 which I supposedly covered at $6.50. But I am glad to see the outrage it provoked on several threads.

They could have at least let me keep the long side from $6.50. My first reaction was great, that's five points up on the long side instead of 1 1/2 on the short side. But they wiped all the orders clean.

Lesson is, don't trade volatile stocks on E*Trade.
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