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Technology Stocks : Advanced Fibre (AFCI) ** IPO -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (1151)10/22/1998 10:09:00 PM
From: Raven McCloud  Read Replies (1) | Respond to of 3299
 
well, i went ahead and shorted a bunch at $9 purely
based on the the "iffyness" of the purely "hypothetical"
analyst's prediction of the "possibility" of afci
landing a large contract.

phew, 25% in one day! i just highly doubt we'll see much
more of that tomorrow, esp. going into the weekend.

planning on covering near $8 and then going long again
from $8 or lower.

expanding on the "a trader is only as good as his next trade,"
i'd add a skillful trader is only as good as the capacity s/he has
to stay unattached/unemotional while trading and the accompanying
talent of quickly shifting sides when the trend shifts.