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Re: lowtrade post# 3044

Saturday, 06/11/2005 6:35:53 PM

Saturday, June 11, 2005 6:35:53 PM

Post# of 44374
First of all I understood the humor in your post. I managed to average down and increase my investment at $2.85 with a net financial break even. But there have been several times when I saw opportunities, fantastic opportunities, to short GTE and make even more money.

First time was after the viewing. Second was after not seeing the pop when going over to the AMEX. The smart strategy based on the T/A would have been to short for the eventual investment. Since I don't have a margin account I didn't do so. Throw theory out the window and I just laid out a play strategy that would make money based on T/A.

I simply threw the theory out there because that is how I would have made money with a different strategy than I employed. I didn't this past week because I didn't short but you bet there are a lot of people holding that did!



~John~

Protect your investments. Join the NATIONAL COALITION AGAINST NAKED SHORTING(NCANS)
http://www.investigatethesec.com/
http://www.ncans.net/whycare.htm





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