shorting the jumping cat

slammajamma · Sep 11, 2003

You left out the most critical feature of this high risk trading style of yours:

LUCK.

Silly boy.

heilbronner · Sep 11, 2003

Better born lucky than clever.

Lol.

AAAintheBeltway · Sep 11, 2003

heilbronner,

Chance favors the well-prepared. Or something like that.

You played this hand well. You took the early heat and used it to your advantage.

heilbronner · Sep 11, 2003

But still, I wouldn't do it the same way. Every time a feel the pain that much I come out with new ideas.

Some of those new ideas are inspired by an older post of you regarding Ebay. So, thanks to AAAinthebeltway.

heilbronner · Oct 3, 2003

And once again.

I initiate a short position in CAT @ $ 74.20.
Ready to sell more.

heilbronner · Oct 3, 2003

Covered part of my position by just taking some quick intraday profits @ $ 73.82. Nice.

heilbronner · Oct 3, 2003

This wasn't planned as an intraday - trade. but I don't hesitate to take quick profits. Covered another part of position @$ 73.38.

So now I covered half of my position with a nice gain.

Swish · Oct 3, 2003

heil,

you just seem of sorta meander without much of a plan. why in the world would you cover what appears to me to be "the big trade" after only a relatively small move in your direction. seems foolhardy

I'm not even going to read your posts anymore unless you tell us what your targets and plans are upon entry......

You're on a surefire road to destruction my friend - you're avoiding the main axiom in trading - cut your losers short, let your winners ride....

Swish

SocalTrader · Oct 3, 2003

Quote from heilbronner:

I will short CAT today, seems to be totally out of equilibrium.

To enter long at these level doesn't seem to be that smart IMHO.

SocalTrader · Oct 3, 2003

Quote from SocalTrader:

Woops sorry link.