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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket. -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (180)3/17/1999 6:40:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 2103
 
Hi Dale; Well I've done taht more than once, but it's not as bad
as losing the real cash. Looking at her I see where the specialist
seemed to have shorted at 100 and maybe a few at 100-1/8, but I
doubt any one got to go short at the top other than them.
They generally see to it that you don't short at a higher price
then they do, so there is some doubt in my mind that you would
have got filled , maybe at 98-7/8 you could have got in.
----------------------
Well I'm still with USPIX , there we just get the closing price,
( & she is leveraged 2 to 1 ) I got in at 12.66 and need the NDX to
lose about 60pts to get even, she closed today at 11.96 so I'm down
5.5% since Friday and not real happy about it, still hanging on
but one more rally ( of the big caps ) and I'm out.
Jim