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Strategies & Market Trends : DAYTRADING FUNDAMENTALS Real Time Stock Picks&l -- Ignore unavailable to you. Want to Upgrade?


To: Eric P who wrote (853)4/28/2000 12:06:00 PM
From: Eric P  Read Replies (1) | Respond to of 871
 
After a day of waiting yesterday, my LINK swing short is shaping up nicely today and is now at 29 3/4, versus my entry at 33 3/8. However, as a swing trade, I am giving this position plenty of room and am not expecting to close the position for several more days now, and targeting my cover at a price below 26. I've dropped my stop to today's high of 34 1/8 on the position.

Good luck,
-Eric

P.S. It is especially encouraging in a short like this that the stock is dropping despite two consecutive strong days for the Nasdaq index. Hopefully, if Nasdaq weakens early next week, LINK will sell off even more strongly.