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Non-Tech : Invest / LTD

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To: Thean who wrote (7348)	2/11/1999 3:27:00 PM
From: Alias Shrugged	Read Replies (1) of 14427

Doc I wish you luck on shorting MU. Two weeks ago I made a couple of points shorting. Last week, I waited until the end of the day and shorted at 79-1/8. Next day, although market was looking weaker, MU started going up, so I covered at 80. (nfg!) I have stopped shorting and am staying with puts. I am too battle fatigued to watch the ticks with shorts. Also, am staying with ProFund Ultra Short OTC. I added to my position today (price will depend on close of NAZ 100 today). Originally, I had intended to invest a maximum of X, and I had actually invested 15% of that. I have now revised that to 185% of X. So my original position is only 8% of maximum. With today's addition, I will be at 16% of maximum. I will add only at levels higher than here. Mike

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