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

To: AlienTech who wrote (4992)	12/27/1998 12:56:00 PM
From: tom pope	Read Replies (1) \| Respond to of 43080

Well, AT, as you know, I'm the klutz who thought he was covering a short (which hadn't gone thru) in NSOL at 113 15/16 and was astounded to discover he was actually long at that price. And to make matters worse, that same klutz sold the position the next day at 118 3/8. A number of minor trading errors here - 1. when checking your confirms of short sales, make sure you don't overlook the possibility it may actually read "nothing done." 2. don't sell a stock at 118 when it's going to hit 165 three days later. So perhaps I'm not sufficiently deft to act as anything but a contrary indicator in this contest.<GGG> Maybe UBID on Thursday was a harbinger, but I wouldn't bet on it yet. I just hope that when it does happen it just takes the play-money, and doesn't bring the rest of the market with it. I still haven't sold my house in California and I need guys from San Jose who feel rich with options.