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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: Ron Pratt who wrote (2469)	10/28/1997 10:36:00 PM
From: Robet Butkus	Respond to of 7396

Kuschnir & Co. Chicago...

To: Ron Pratt who wrote (2469)	10/28/1997 10:44:00 PM
From: VALUESPEC	Respond to of 7396

Now I'm only up 50% for the year. Errrr. I made a very BIG mistake by not getting out of my margined positions yesterday. I got out of them first thing in the morning as I gambled yesterday that the markets would not open real low this morning- I lost big time. After being shell-shocked for a time I bought: RADAF @ $ 13.125 IKOS @ $8.50 QGLY @ $ 18.625 I don't plan to hold any of them for long. I may start to take large postitions at only the most opportune times. We'll see. I'm still bummed about my foolish mistake yesterday. If I wasn't margined, I would not have sold at such terrible prices and I'm sure I would have loaded up as I thought a rebound was very likely . . . Errrr VALUESPEC