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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: Rudy who wrote (8667)11/18/1997 8:31:00 PM
From: john p. carney  Respond to of 13456
 
<Now that is scarey!!!>

Yeah. That had the ring of resigned truth to it. I don't feel too bad for myself anymore. Thank god my margin account is 95% cash. I did buy a few Dec 25 calls on OXHP in that acct. today. But in my IRA, all my investments look like long term holds now.

John



To: Rudy who wrote (8667)11/18/1997 8:55:00 PM
From: AlienTech  Read Replies (1) | Respond to of 13456
 
Well another thing you can do is like me.. Its not the correct thing to do but what the heck..

I bought 500 QNTM for 31.. Well the price dropped to 30 so I bought another 500, The price went to 30 1/2, so I sold that 500.. Then the price went to 29, so I bought 500 shares, The price went to 29 1/2 and I sold that 500 shares. Now my average price is 30.. Heck I should have just shorted a 1000 shares at 30 and make a 3k profit which is the smart thing to do, But I aint that smart.. So now I am loosing like 1 1/2k.. intead of the 2 1/2k.. Somehow it makes me feel better not to loose as much.. wonder why...