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To: Paul Engel who wrote (65800)10/4/1998 10:49:00 PM
From: John O'Neill  Read Replies (1) | Respond to of 186894
 
Thank you Paul,

I also made $2400 overnight shorting DELL and about $2,400 shorting GE in one week. Nice percentage return, isn't it. Kinda keeps me busy while waiting for my long positions to take off. INTC may present another opportunity to short after earnings announcement.

How much did you loose on paper last week with INTC (-4 7/8 for the week) ?

JO



To: Paul Engel who wrote (65800)10/4/1998 10:55:00 PM
From: John O'Neill  Read Replies (1) | Respond to of 186894
 
Paul,
I am expecting a big "head fake" rally and plan to quit the short side if we get another test of the lows. This is one reason I've been covering. I could see the the Dow going to 8300-8500 level...That would be and outstanding short opportunity IMHO.


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