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Technology Stocks : OnSale Inc.

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To: John Finley who wrote (3408)1/13/1999 6:38:00 PM
From: Sabrejet  Read Replies (1) of 4903
 
I had it all planned that instead of covering I would double up at the open and then sell all the shares on the rebound. I wound up didling and decided to cover, which I still think was a poor move.

I pulled the trigger many a times on the gaps, buying at the close and selling the gaps...making a buck or two... and then the last 4 trading days I've had a series of things happen that have cost about $50K. I didn't lose it but just left it on the table.

It goes to show you, I work very hard at this and still get bit!! I feel for the rookies out there. I see many of them getting ripped during this uncertainty.

Did you here the lady on CNBC, call in, who said she bought XCIT 20 points ago, higher, and was wondering where it was headed? The guy laughed and basically said she was going down with the ship!

sz
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