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To: IceShark who wrote (24427)	10/4/2000 10:31:29 AM
From: Ilaine	Read Replies (1) \| Respond to of 436258

You shorted NITE on Monday? Oh, lucky man!

To: IceShark who wrote (24427)	10/4/2000 10:33:55 AM
From: Perspective	Respond to of 436258

While I'm regretting closing a couple of shorts yesterday, I still have my long-term holdings all short. I want to get the rest of it on the short side as well, but I'm very patiently waiting for my limit sells to be hit. Remember (was it Allan who said this?): Even when the market is going down, it goes both up and down. Bear market rallies are sharp, violent, quick affairs, and it pays to wait for one to sell into. With a good entry point, it's almost always possible to recover. The only unrecoverable position will be a long into weakness the day of the BK. <G> BC [EDIT: There, what a difference a few minutes make. And that would be the sound of my first few limit shorts getting nailed. <ggggggggg> ]