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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 (855)5/1/2000 10:48:00 AM
From: Eric P  Respond to of 871
 
My CKFR short rallied from the open today, barely piercing it's prior day high. I covered the short on the subsequent drop at 53 3/8 for a 2 1/8 point loss.

I also added to my LINK short at the open at 32, and am still holding the profitable short in DIGL. Both of these shorts are still looking very promising. Still waiting for Nasdaq weakness to help with the short positions... <g>

-Eric



To: Eric P who wrote (855)5/2/2000 4:21:00 PM
From: Eric P  Read Replies (1) | Respond to of 871
 
P.S. Still waiting for a little weakness in the Nasdaq index to help my shorts... <g>

FINALLY!!! Beautiful day for the shorts!

LINK short closed at 28 9/16 versus entry several days ago at 33 3/8 and 32. Stop is being lowered to 30 1/8 to protect profits.

DIGL short performed beautifully today as well, dropping nearly 5 points to below 61 versus the entry price of 68 7/8 on Friday. I'm lowering the stop on this trade to 68 1/8, still giving it plenty of room to move lower. I expect that DIGL is capable of going to the lower 50's and possibly even down to the upper 30's in the next week if the market weakens further.

Happy trading,
-Eric