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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Magnatizer who wrote (8905)	9/20/1998 2:44:00 AM
From: Ken W	Read Replies (1) \| Respond to of 29382

David, Thanks very much for the TA of ENN. I am short the stock as of now and most likly should have covered at 11 on Thurs. When it broke 11 twice that day I figured it was on the way further. Would'nt you know they open the darn thing up 1/4 on Fri. and run it to 11 7/8 on a few K shares. It took 200k+ to take it down and 45k to take it back up....and they say there is no manipulation in the market ;-). Why, oh why am I always on the wrong side of that manipulation? hehe BTW...I learned something new the other day...."trading against the box" ever heard of it? The way it was explained: You buy or sell short xyz stock, say 200 shares. Then you either buy or sell short the same number of shares as a hedge against the movement, placing the apporpriate buy or sell stops for protection. Sound dangerous, but, intriguing at the same time. Ken