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

To: Jay Lyons who wrote (9290)	2/26/1999 3:15:00 PM
From: Leland Charon	Read Replies (1) \| Respond to of 43080

Jay, The semi's dropped so fast this morning it was very difficult to find an uptick. I did have a chance to short 1000 shares of LLTC at 49 3/8 before the market opened but I chickened out. Needless to say the stock immediately collapsed and never saw that price again. Leland

To: Jay Lyons who wrote (9290)	2/26/1999 3:17:00 PM
From: AlienTech	Read Replies (1) \| Respond to of 43080

>>Can you give me your thoughts on taking home NVLS short? On the one hand, it's completly broken down, on the other, there are probably a lot of shorts with money in their pockets who could cover with abandon at the first sign of strength Monday.<< As scott's alter ego. NO WAY! Today is panic selling, the funds should start in soon. If they cant break 1220 with the large sell programs and manipulation I think they might loose out just like in OCT. I have 50% buyign power left, what to buy what to buy.. Even nibbling on some pria here. You should short NVLS and buy amat! spread is small here, should be 10-15% at least. Ops I mean short AMAT and buy NVLS. NVLS trades at a premium to amat.