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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (22090)	9/21/1999 5:31:00 PM
From: David Demi	Read Replies (1) \| Respond to of 43080

Susan, I usually do well with "divers" (aka DeadCatBounce), but JILL just defied all the "diver rules". Oh well, since I have a hard time limiting my losses (working on this...) the normal way, I have many small positions instead of several large ones. I'm also long in LIPO and SUPC, which should rebound just fine, IMO.

To: Susan Saline who wrote (22090)	9/21/1999 6:24:00 PM
From: AlienTech	Read Replies (1) \| Respond to of 43080

>>well if u look at the bottom of today's chart that's where I sold 4/5 ths of it all<< Did you sell me 3000 @ 1/4? :> rofl.. know what you mean.. BUT! In cases like these day average it out.. DO NOT! Hold over night.. Unless you are familiar with the company. Got 1000 @ 5 3/8 to see it tank again.. got 1000 @ 5 11/16 another 1000 @ 5 9/16.. When it went to 5 3/4 and I saw the selling wasnt going awya sold it @ 5 3/4.. loss like 1/2.. Then bought back 2000 @ 4 9/16, 3000 @ 4 3/8 and 2000 @ 4 1/4.. sold 7000 @ 4 7/16, so I think I am only down less than 500 for the day on it. Did the same thing with PPDI.. But it aint fun.. and easier ways to loose money than catching falling knives.. Now tomorrow we should start seeing margin selling.. Under 5 no margin at some places.. They might drop it to 3 1/2 with the forced selling..