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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (8731)5/13/1998 5:09:00 PM
From: sammy levy  Read Replies (1) | Respond to of 18691
 
Bill,for my education,do u mind explaining---

"I covered when I noticed some sales/short-sales going off at 30 1/4 and the bid jumping up immediately afterwards "

TIA,Sammy



To: Bill Wexler who wrote (8731)5/13/1998 5:09:00 PM
From: Don Westermeyer  Respond to of 18691
 
Bill,

I have to admit, I covered SPLN yesterday at the close. I'll re-enter if it crosses $35 (or $36) again until the next wave of selling starts. I'm just guessing the stock will trade in a range for a while roughly between $30 and $38. I am obviously trading the stock and not holding short like some stocks I've shorted.

Don



To: Bill Wexler who wrote (8731)5/14/1998 9:21:00 AM
From: Christopher Charles Milas  Respond to of 18691
 
Ok, who didn't cover at 30 1/2- 31 on SPLN yesterday? No wonder the stock shot up. All the shorts covered. ; ) Add me to that list....

Happy Trading....