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Strategies & Market Trends : stock picks from vincentg64 -- Ignore unavailable to you. Want to Upgrade?

To: Bald Man from Mars who wrote (17)	10/27/2000 5:28:32 PM
From: vincentg64	Respond to of 40

I have the same situation with EBAY today. The platform suggested buy @ 56.441, sell @ 54.063. The range was 49 - 55.56. The close was 52.50. So what actually happened was: sell @ 54.063 (first) and then buy (back) at close, @ 52.50. In this case, it resulted in a gain. If Monday XLNX trades between 61 and 69, you would lose money. But this is part of the strategy and on average you gain more often than you lose, and most importantly, you gain more than you lose by quite far (check the chart on datashaping.com to have an idea of the daily gain/loss distribution).

To: Bald Man from Mars who wrote (17)	10/27/2000 5:30:33 PM
From: bosquedog	Read Replies (2) \| Respond to of 40

I'd rather buy at the lower price and sell at the higher price. It actually looks like he is setting up a short sell at the higher price and a closing buy at the lower price.