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Strategies & Market Trends : LastShadow's Position Trading

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To: AlienTech who wrote (8068)2/9/1999 9:04:00 AM
From: Jay Lyons  Read Replies (5) of 43080
 
>So who lost money money today other than me?<

Sorry I'm late for the confessional.

I'm holding LCOS, which looks like it will completely wipe out my last three weeks profits, and that's an optomistic assesment, given that it's pre-market free fall shows no sign of slowing.

Bought at 131 1/2, it wasn't a gap buy, didn't take the chance to get out even, didn't take the chance to lose a point, didn't take the three point loss at the close. Talk about piling on the mistakes.

Notice how the market never gives cheap lessons?
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