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To: BRANDYBGOOD who wrote (19158)5/17/2000 4:47:00 PM
From: uel_Dave  Read Replies (1) | Respond to of 35685
 
Re: Brandybgood - Shorting ELON

<<I have been shorting ELON for the past couple of days.>>

{{ELON-call me contrary but this stock doesn't need to trade here. Shorted it at 50 1/16 }}

Message 13711718

I assume that you have multiple shorted positions in ELON,
When will you cover?

TIA,

David

Disclaimer: I have no long or short positions in ELON



To: BRANDYBGOOD who wrote (19158)5/17/2000 6:01:00 PM
From: freeus  Read Replies (1) | Respond to of 35685
 
reshorting ELON
Ah, you smarteee!
I'm thinking that when I buy back sold puts, it's probably a good time to short that stock...in the future when I sell something because I've reached my target price and more, it's probably a good time to short, also.
But shorting is so very very hazardous,I think every dollar is truly earned in any short.
Best of luck to all: it may be a long dry summer for our portfolios. I don't think the bear market will continue forever, but I do think the bull is dead and not until a new one arises and confidence returns will we breathe easy.
Freeus