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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: jjstingray who wrote (34334)2/27/2002 3:25:49 PM
From: Justa Werkenstiff  Respond to of 99280
 
JJ: Yes, drop happened fast. Drop suggested that the turn was earlier than I thought most likely and so I added on weakness, something I try not to do usually. But I felt if this is the turn that any such turn before the EOM is not bullish going into next month. So I got most of my shorts with a nice average cost. I have some cash for a bounce. Fortunately, I covered 45% of my shorts last Friday within 20 cents of the low and so I have some leeway. Average cost on the reentry looks to be .50 off the highs so far assuming they hold. Have to work on that part <g>.