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Strategies & Market Trends : STEAMROLLER'S DAYTRADES -- Ignore unavailable to you. Want to Upgrade?

To: Satch77 who wrote (213)	8/14/1998 4:11:00 PM
From: Wayners	Read Replies (1) \| Respond to of 1561

No fill on SEEK so in cash for the weekend. Good feeling. Glad I held SEEK overnite last nite. I pressed my luck way too much with that this week.

To: Satch77 who wrote (213)	8/14/1998 5:27:00 PM
From: Rashid Garuba	Read Replies (2) \| Respond to of 1561

Satch, Learned the potential perils holding it short overnight this AM. I mean, what in the world did the Asian markets have doing that to me? Closed out the position I carried into today and re-shorted at a little over $71. Did not use trailing stops as needed, expecting a complete meltdown at day's end. Other shorts had other ideas, such as closing out for the weekend, hence the closing rally. Probably spill over to Monday AM and resume decline. Still learning to short. Thanks Rashid