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Strategies & Market Trends : Paper Trades -- Ignore unavailable to you. Want to Upgrade?

To: stockid who wrote (4)2/26/1998 10:14:00 AM
From: Sheri  Read Replies (1) | Respond to of 52
 
From what I have learned by watching, shorting is tough. The market is just so crazy, hard to figure out.



To: stockid who wrote (4)2/26/1998 8:08:00 PM
From: stockid  Respond to of 52
 
Had to cover short today. Covered at 63, the number which I set my loss limit. Good thing to because Yahoo, went up 6 points today....Now if I would not have put the limit in...I would have lost a bundle....so total lost on trade was $500 bucks...

Now, I will short again tomorrow. This time at 68 1/2 1000 shares at a cost of 68,000 and change. I will set a buy in to cover the short at 70. Let's see what happens.....

SK


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