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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: LastShadow who wrote (3572)	12/2/1998 10:25:00 PM
From: Thomas Sterner	Respond to of 43080

<<LCOS Anyone thinking about shorting it?>> Looks like a good call to me. That is one miserable looking chart. Tom

To: LastShadow who wrote (3572)	12/2/1998 10:37:00 PM
From: Jeffrey Lee	Read Replies (3) \| Respond to of 43080

LastShadow, Earlier today someone asked for your feedback on the market short-term and I may have missed your response. At this hour, the futures look horrendous, Asia's off to very poor start, and your most recent post is about a short candidate (LCOS) - LS, does the near-term technically indicate an obvious SHARP downturn and a broadbased one? From my perspective it does, but I readily defer to the more experienced. Were ANY positives derived or mitigating signals received based upon today's action? Rollercoaster heading doooooooooooooown? jl

To: LastShadow who wrote (3572)	12/2/1998 10:43:00 PM
From: Magnatizer	Respond to of 43080

Last been thinking about it for a while. Its getting the nerve up that is my problem. <g> My initial target on short is 45 area. If that fails to hold 40, then upper 20s. ht david

To: LastShadow who wrote (3572)	12/2/1998 11:41:00 PM
From: Dave Shares	Read Replies (1) \| Respond to of 43080

Well, as far as shorting LCOS, it looks like one of many candidates. I shorted DLIA, CMGI and MSPG today, and it looks like I should not have covered... oh well. I am mostly in cash and thankful. David

To: LastShadow who wrote (3572)	12/3/1998 12:25:00 AM
From: dj8000	Read Replies (1) \| Respond to of 43080

LS: i am thinking of doing some kind of long term short and short term long to these internet stocks. for example, i buy 1000 short when an internut stock up 200%+ or so, then at the same time buy 100 long. so when it up another 200%, i will sell the long; sooner or later, that stock will go back to groud and i will cover the short. what do you think about this? DJ