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To: yard_man who wrote (223287)2/21/2003 5:43:50 PM
From: mishedlo  Read Replies (1) | Respond to of 436258
 
The best strategy is to wait for the move and attempt to hop on it.

This move was as choppy as I have ever seen it.
Spoos 804 to 830 to 815 to 842 to 830 to 850.
Very very tough to hold thru that even if you decided to play for it.

The other way to play it is to close shorts and GTF out of the way and get back short after expiry or mid-late expiry week.

Both are valid strategies.
If you bought at 800-810 and put in a break even SL and held thru yesterdays or todays top you got 70-100% of it.
Easy in retrospect.
Easier said than done in practice.

M