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To: Carolyn S. who wrote (477)1/6/1998 5:30:00 PM
From: Instock  Read Replies (1) | Respond to of 1488
 
Carolyn:< DRMD, FRTE > I got stopped out of DRMD at 4 15/16 right after the open today. I was in process of cancelling my Buy/Cover order and lowering the price to 4 3/4. A few mins. after sending the New Order on it's way, I found out that my First order went though before I canceled it.
As it works out, that was the best low price of the day so I am VERY Happy.

Still think it will go lower but it does seem to have some support at the 200 dma. That is NOT to say that it cannot break it, as I think it will. Might even go into a nose dive if and when it breaks $5 and can stay below $5 for longer the 1 min. We both might be well served to watch it close for another drop and jump on again. AT least I will be watching to possably short sell again.

Shorted FRTE at $6 this afternoon. Brokrage downgrade's on much worse then expecte earnings and future earnings. Might be good for a one or two day play.
See News, Chart, and quotes
quote.yahoo.com

Glad you did well on your first Short Sell. Were you on margin? If so, your gain would be even higher.

Instock