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To: oldirtybastard who wrote (66321)2/9/2001 12:43:18 PM
From: chic_hearne  Respond to of 436258
 
you hedging or covering any crisco?

Nope. I'm waiting for single digits.

If we do get that 8 billion share day on the Naz that qualifies as capitulation to me, I'll cover and look to re-enter a few points higher. I don't think the *first* capitulation will be the end of it, but I do think we bounce from it.

I'm not using the Crisco Kid as a trading vehicle, otherwise I may be trading it now looking for a bounce. It's just easier to stay short because I know it's going to single digits, I know it can't put together any meaningful bounce, and I don't have the time needed to deal with trading at the moment. IBM is killing me. If I didn't have to pay half my account in taxes in the next few months, I'd quit and do this stuff full time.