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To: Jan Crawley who wrote (15204)11/13/1998 2:40:00 PM
From: Smart Investor  Respond to of 27307
 
You are playing the game right. I have small amount of short positions which I intend to hold a little longer (untill it drops more). I also playing with part of my short positions, basically trying to catch 5-10 points. By making some profit with this part of my short position, I can afford to hold my other portion for bigger gains. So whether holding until 150 or not has to depend on your overall strategy. I used similar strategy for some my long positions too. It is just at this point, I feel the risk is smaller to use this strategy to short YHOO rather than long.