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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: Clay Takaya who wrote (8691)7/20/1999 10:50:00 AM
From: Ronald Allen  Read Replies (2) | Respond to of 21876
 
Clay:

Thanks. I covered my short position this morning at 72 7/16. As I said earlier,I feel better skimming off 3-5% from stocks that are overbought or oversold than staying in for the long run. This strategy has been working for me and I'll stick with it until I find something better.

Best of luck to the longs. Now that I am out, I hope LU goes to 100 (maybe I'll short it again at that price).

Ron