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


To: Jeff Jordan who wrote (32843)3/21/2000 4:13:00 PM
From: Redhook  Read Replies (3) | Respond to of 43080
 
CYTO at 9 afterhours

Today's Conclusion: I NEVER make money holding long term...I did very well daytrading...long termers once again plunged today. Guess I'll have to spend more time daytrading again.



To: Jeff Jordan who wrote (32843)3/21/2000 4:24:00 PM
From: AlienTech  Respond to of 43080
 
Option premiums on INIT jumped 1/2 in the last 30 minutes.. So I dumped it and bought 1/2 the number of shares.. The MM's could have got wind of some news, But I didnt think it would drop 5 today either! Totally pathetic! Almost like NAVI dropping 30 on 7000 shares! At this rate by the time the ML upgrade hits, the MM's can fill all the limit orders @ 19..