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Strategies & Market Trends : Lessons:"How to" properly exploit Price DROPS, in stocks -- Ignore unavailable to you. Want to Upgrade?

To: Jim Goodman who wrote (590)	10/1/1998 8:25:00 PM
From: Derrick P.	Read Replies (1) \| Respond to of 660

Jim, My understanding of boxing is to have sold shares short and then buy shares of the same company long. This is used I believe in a volitiale market where you want to sell the long shares as the stock goes up and the shorts when it goes down. The intent was to reduce the pain while the stock rallied, while still holding the short. After todays pummeling, it looks like YHOO was in a final blow-off rally. Wish I knew for sure. Derrick

To: Jim Goodman who wrote (590)	10/4/1998 4:07:00 PM
From: Norrin Radd	Read Replies (1) \| Respond to of 660

Hi Jim, Thanks much. I read all of your material, lots of good stuff, and it confirms a lot of my thinking/experience. I highly recommend it to everyone with any level of experience. I just thought I'd mention that I've made some very nice returns trading LTXX round trip twice in the last 3-4 weeks, buying below $1.80 and selling when it pops to $2 - 2 1/4. If it drops below $1.80, I'll go for round 3. AVEI may be another good trading vehicle, with earnings due, of course, caveot emptor as always.