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Technology Stocks : BEA Systems (BEAS) - Undiscovered Growth Stock -- Ignore unavailable to you. Want to Upgrade?


To: Bruce Brown who wrote (1898)5/16/2001 10:04:54 PM
From: chojiro  Read Replies (1) | Respond to of 2477
 
Obviously the strategy has some flaws.

But it gets even worse. I shorted more at 37 and decided to wait to listen to the CEO on CNBC before covering at which time I put my stop in at $38.50 and left for the day. Needless to say I am still holding my position.
Now I'll have to see how the morning trades and will then decide whether to close all my positions. One thing I can not deny todays move looks pretty impressive. But for me to turn bullish on the charts, the Composite needs to get decisively over 2200.