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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Carl R. who wrote (9088)	10/5/1999 6:15:00 AM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 15132

Carl: Re: "I hope you weren't caught short in today's market. It was a nice day to be long...." Yes, it sure was. No, I was not caught short as I have been trading without conviction. I am trying to act like the market. I have not been greedy. I day traded NVLS short in the morning and then sat out the rest of the day with no trades short or long. I am not looking for a sustained move in any direction now with the earthquake being better understood although the risk is to the downside IMO. I have decided to trade the short side as a hedge to my long positions. I did not go long this morning in this sector and did not participate in the move up except in my long term positions. I did throw out a few selected short lines in the last hour of the trading day.