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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Compadre who wrote (46853)9/5/2003 1:17:21 PM
From: SpecialK  Read Replies (2) | Respond to of 52237
 
Jaime, your good luck is helping me out. If these markets are getting double and triple overbought, I should do the same with my short position.

Using my "intra-day buying power", I've tripled my short position in TXN. Unfortunately or fortunately, I have to close it before the close. Bad fill got me 25.37, instead of 25.45. It's falling (praying it continues)25.13 now.

My break-even is 24.84. I sense I might just get there by the close. If I can be breakeven at $1 greater than my original entry, I may just have a chance at some nice profits next week assuming it finally heads down.

It has a 3 month, 4 week, winning streak - 16 of 19 days up.