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To: Lucretius who wrote (2295)8/31/1998 12:22:00 AM
From: drsvelte  Read Replies (2) | Respond to of 14427
 
Shorting DELL

I agree the DELL is a short candidate. However, remember DELL splits very soon, and frequently stocks run up before they split. Look at the behavior of LCOS before its split last week. IMO, AMZN is a better short.



To: Lucretius who wrote (2295)8/31/1998 6:45:00 PM
From: NucTrader  Read Replies (2) | Respond to of 14427
 
>>Hope for a rally to short into tomorrow<<
Well, yes LT, indeed I do! Maybe I can sell short against the box!?!
Yes, SADLY, it's true. I zigged today when I should have zagged or done nothing. Bought @ 109. Had plenty of chances to get out today with minimal loss and didn't take them, thinking it might close at or near it's 50 day EMA around 108. As Cramer would say, "Wrong!". Unloaded 25% of my position near the close. Just hope it doesn't gap down at the open tomorrow. Essentially I lost the profit I made 2 weeks ago, but am still doing OK if I can get out anywhere around 100.
I'm telling you this to remind both you and myself what an astute trader I am. [Actually I've done OK this year. This was just stupid...] Good Luck tomorrow!