Hi mike,, I day trade or very short term,, .. It looked to be running out of steam to me the other day at 43.25, 43.50.... I could see the selling building and the buying weakening, hence I thought a pullback was a distinct possibility.. I covered that short and made a few bucks... Then I took the rest of the week off. I am now short again, but this time it is a bet on the whole market being weak, and dragging geac down with it.. Believe me, it won't take much to reverse my opinion, I live with this stock all day, everyday, and I'm generally a bearish guy anyway, and seem to prefer trading from the short side. This tendency has caused me a severely sore butt on Geac in the last couple of years, but over the long haul Geac has been good to me.
russell |
