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


To: McNabb Brothers who wrote (12808)8/14/1998 12:02:00 PM
From: craig crawford  Respond to of 18691
 
>> I thought you were very bullish on DELL? <<

I am. But the market isn't bullish on much of anything right now.

>> If all you are doing is picking up 1/8's and 1/4's and 1/2's on your trades, <<

My lowest scalp so far has been 3/8, not 1/8's and 1/4's. I have had a couple 1/2 pointers and two 1+ pointers. In a normal market I probably wouldn't even bother with trades less than a 1/2-3/4, but this is a market where you MUST take profits! Everytime I haven't taken a profit in the last few weeks it quickly disappeared! If the market recovers I will lengthen out my trades to 1 point and above.

>> then you are taking some very big risk with the amount of money you are playing with! <<

I am trading stocks that I wouldn't mind holding if they go against me short-term, such as LU is doing now. I would have gotten rid of the other 700 LU shares at a profit too if I wouldn't have been dinking around on this thread!

Back to work...