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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?

To: farmersue who wrote (260)	5/5/2001 3:28:08 PM
From: William JH	Read Replies (1) \| Respond to of 6873

I had a good trade with ITWO based on reading this thread. I bought near the close Thursday and sold near the Friday open, +$1.75. (By the skin of my teeth, but it worked-g-).

To: farmersue who wrote (260)	5/5/2001 3:45:25 PM
From: zx	Respond to of 6873

i did add to my short at 24.41, so my average is over 23. itwo dropped back to 23.20 on friday and then the dow took off again. as long as the dow is going up, then itwo may stay up with it, but if the dow comes back down, itwo should fall with it. i don't think the dow can go up much longer with people being given pick slips and companies not doing well. interest rates cuts take time. wonder if the fed waited too long. i just don't know for sure what to do if itwo keep going up: cover or watch or add. guess i will partially cover.