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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: GVTucker who wrote (19203)	3/12/2002 10:16:56 AM
From: Sabrejet	Read Replies (1) \| Respond to of 21876

I've been "trading" stock for years and have done quite well, thank you very much and I'll say this, if we knew a stock was broke, we shorted it to 0. We wouldn't cover for obvious tax reasons. Occasionally, the stock would get d-listed and you would have to start calling people to find shares to cover with(aka Bre-X). I have never looked at a short and considerred percentages as a target. In fact, TA has nothing to do with percentages but targets. Trading ranges, supports, overhead resistance, heck you probably know the terms. Only after the fact did I ever discuss percentages. Now if you are using retracement percentages, I can see that, say "a 30 % retracement..." Of course, I still consider that TA. Sabre!