SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : BFT: Will the tulip craze ever break down? -- Ignore unavailable to you. Want to Upgrade?


To: Mike Greene who wrote (220)3/31/1998 10:15:00 PM
From: Pancho Villa  Read Replies (1) | Respond to of 650
 
Mike: sorry to disappoint you but I do not have a cover strategy at this point. Most likely I will cover partially in its way down. I try not to get in and out of a position in a single trade. However, I will post any action I take (this may or may not be relevant to others). My position at this point is that I would not cover a single share above 15, but this may change if this puppy continues its parabolic upward move. I am over-extended in this short and even though I am still far, I do have capital constraints.

Pancho

Let's remember today's action may be related to end of quarter games. I wish someone with a bit more exposure than a Mexican ghost would pickup on this one.