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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: TheLineMan who wrote (39506)5/13/2003 3:35:19 PM
From: Jorj X Mckie  Respond to of 57110
 
I ain't shorting VRTS...I'm going with something much safer...spx puts....



To: TheLineMan who wrote (39506)5/21/2003 4:20:58 PM
From: AugustWest  Respond to of 57110
 
I was the one who shorted VRTS from 25.73
And I covered it today into the close.
Kinda pissed at myself I didn't cover it earlier in the day.
Instead I held on to it and gave back half a buck.
I still plan on being short it again soon.
I think it is good down to 20 or even the teens perhaps.
Just don't need it all at once.
And God forbid stocks ever begin to start trading on valuations as it sits high on the hog
sporting a PE of 180+


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