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Non-Tech : Invest / LTD

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To: Shelia Jones who wrote (6592)1/13/1999 9:45:00 PM
From: drsvelte  Read Replies (1) of 14427
 
Hi Shelia!

I am not trading the nutz. I got killed last fall shorting their outrageous valuations - like when YHOO was 110!! I can't take their enormous swings - even in RT the last trade is nowhere near the bid or ask when they decide to move.

I have moved to more sedate and genteel position trades. Maybe stay a few days or at most a couple weeks. Right now I am trading the Nutz backbone servicers -- ENTU, SDTI, SCUR. Not as volatile and they will still be there when the huge valuation stocks come crashing down.

Shelia, I grew up in the sneaux belt -that's why I now have a home in FLA! Happy New Year!
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