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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Trader J who wrote (18586)8/4/1999 6:43:00 PM
From: HandsOn  Respond to of 56535
 
My long portfolio got hammered Today, down about 5%.



To: Trader J who wrote (18586)8/4/1999 9:53:00 PM
From: byhiselo  Read Replies (2) | Respond to of 56535
 
TJ and the gang:

this is my 2nd post on this thread, (long TGLO around 17 1/2
a few weeks back, what a laugher that was, hehe)

but, don't you guys ever short? lurking here for past few weeks
and seem to notice way too much trying to catch the bottom of this correction and paying dearly for it.

cheers



To: Trader J who wrote (18586)8/4/1999 9:54:00 PM
From: Gerald Dorman  Read Replies (1) | Respond to of 56535
 
EFNT, CNET...these companies<gg> are beginning to look like an eye chart....Hey maybe one might make it big but why not stick with quality.

Wes, by the by, in ASCT at 4 1/8....stopped out at 5 3/4

CNET is a good example for new traders

why not buy at 34 1/4 and set a stop at 33. If you had done that today you could have bought back at 30-31.

It might come back, yet shorts on this postiton made a killing.

Close: 30 1/8

Volatility demands tight stop orders.