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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (72861)	9/11/2002 4:07:58 PM
From: shulz	Read Replies (1) \| Respond to of 208838

holding QLGC shorts overnight

To: 2MAR$ who wrote (72861)	9/11/2002 4:09:07 PM
From: stevenallen	Respond to of 208838

That's how I see it Marsh, I had no inclination to cover any of my positions. I think the downtrend is still intact.

To: 2MAR$ who wrote (72861)	9/11/2002 4:13:16 PM
From: Paul A	Read Replies (2) \| Respond to of 208838

Although on the flip, it could be a trap.. and tomorrow we have a relief rally that nails the shorts and takes the indices up violently.. IM short but just interjecting that pleasant thought : )

To: 2MAR$ who wrote (72861)	9/11/2002 4:46:31 PM
From: 2MAR$	Respond to of 208838

See you all later , have a good week .

To: 2MAR$ who wrote (72861)	9/11/2002 4:48:27 PM
From: Mark Konrad	Read Replies (1) \| Respond to of 208838

Agree. On an intraday basis there are always plenty of great shorts as well as great longs. Until recently I was liquidating most of my long daytrades almost completely before the close. For the past few days it's been well worth holding some overnight, taking profits after the open and then buying back later in the day. Works for me, anyway, and is consistent with what I'm seeing on many daily charts at this time. For example: yesterday I bought a bunch of NTAP at 9.17, sold much of that today at 9.80, and then bought back those same shares at 9.45. I did the same thing successfully today with many of the other issues I've already listed. When that changes or stops working (as it undoubtedly will when they become overbought again), I'll alter my strategy accordingly. Here's to longs and shorts both making money on the same issues on the same day...Cheers! All imo...have a happy and safe evening--MK--