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Re: Newly2b post# 109870

Wednesday, 05/21/2003 2:21:56 PM

Wednesday, May 21, 2003 2:21:56 PM

Post# of 704041
Actually Newly. Last year I was long HD and short LOW which turned out fine. Right now, you can see by looking at the graph that LOW has to go back up to fill a huge gap. Therefore, I intend to play long LOW and short IP (if I can get re-shorted at 37.00 or better on IP.

I think I may be able to land the IP short tomorrow because Greenie has to have a least one up day on the Dow this week and it probably will not be Friday!

Incidentally, I cannot understand why someone does not want to hold a short over a three day weekend? Give me an example of the kind of good news that could ruin your play. Conversely, I could name you three dozen bad things that could happen. So what's up with that?

schloss

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