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To: Glenn D. Rudolph who wrote (7631)6/25/1998 5:43:00 PM
From: Paul Merriwether  Read Replies (1) | Respond to of 164684
 
Glenn
[some unsolicited advice]
If you feel uncomfortable with your short, I would suggest that you
do a partial cover. You never can tell which way the mo-mo will go
(if no one sells in hopes of another rally, it can keep
shooting up). I am a sincere believer in capitulating as soon as it
starts being slightly painful(10%loss on a transaction).
If you can last another 20 points comfortably, then you are prolly OK and will
(I sincerely hope) recover from a paper loss.
best
-P



To: Glenn D. Rudolph who wrote (7631)6/25/1998 10:24:00 PM
From: jawd  Respond to of 164684
 
I can say I feel much more comfortable about my short

If you feel comfortable at 100, then you should feel totally ecstatic when it hits 110+

Hang in there! :)))



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