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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: TraderAlan who wrote (8049)4/27/2000 6:07:00 PM
From: sim chambers  Read Replies (2) | Respond to of 18137
 
alan- i know someone here in denver that has options for 11,000 shares of MSTR, as they are an employee. that would suck after being that high. i guess he can wait another 20 years to retire.

MSTR was the biggest bag of goods i have ever seen. Forbes even told the story pre top in the stock. hope you got it short.

you are right about shorting. it is difficult, especially with a bullish long term view on the market. there are plenty of bounce long trades in a downtrend, so a trader can still manage to make money going long only in a down market (obviously). odds may decrease, but discipline is key. sometimes the trades are easier than in the uptrend.

glad to see you are having fun

sim