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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: jim_p who wrote (4219)5/7/2001 12:41:38 PM
From: chowder  Respond to of 23153
 
Jim, I saw that report from Dain. I also received a report from Raymond James indicating short term weakness.

Since I'm not in the mood to take 2 steps back and fight for the same ground twice, I'll ride the stocks down and then go long and ride them back up.

In my opinion, buying the dips isn't a trading strategy to use in poor economic times. For those who aren't comfortable shorting, sitting on the sidelines is a better plan, let the weakness shake out and come back strong.

I could be wrong, but I'm quite comfortable with near term shorting.

dabum



To: jim_p who wrote (4219)5/7/2001 12:48:38 PM
From: Winkman777  Read Replies (1) | Respond to of 23153
 
Jim, what you are saying about NG makes sense to me. The recent AGA build trend is quite clear. I believe that you predicted it quite a while ago.

I closed out some Jul APA 55 puts for a nice gain today. APA is up on an initiation of coverage with target of 80.

Question for the board: I have a significant pile of APA bought around 30 and all LT. I sold Oct 60 cc's against it for about 14 in March. I want to keep the APA but wonder if I can sell it short also, without selling my shares. Is that what shorting against the box is? I have never sold anything short, and would like to try it. I have been mainly playing the OSX swings with puts and calls.

This and Big Dog's board are excellent. Thanks and take care all. Winkman