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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (33607)	10/8/1998 8:38:00 PM
From: The Perfect Hedge	Read Replies (1) \| Respond to of 132070

We better be nimble if we're going to play a bounce because they last about 15 minutes these days.....If you shorted all the bounces as of late you'd be really happy(not that you aren't!)... Got any others besides IBM and AMZN? B*

To: Skeeter Bug who wrote (33607)	10/9/1998 1:10:00 AM
From: Gerald F Bunch	Read Replies (3) \| Respond to of 132070

SB I shorted amzn @ 111 1/2 on Sept 30. I covered half of it today at 81. If you were in my shoes, would you cover the rest of it, and wait for a bounce to short it again? Or just sit down for the ride down. It makes me nervous, because I shorted on Aug 1 @ 106 3/4 and it went up from there to 118+. I held on in a highly agitated state of panic. When we had that 500+ point drop on Aug 31 I covered @ 92 5/8, subsequently it traded even lower. As you can see, I left a S load of money on the table. The point is, I'm not sure whether i need to cover the rest of it, and wait for another bounce, or just ride this sick puppy all the way down. Regards GB