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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: JeffA who wrote (51162)6/15/1999 11:21:00 AM
From: cirrus   of 90042
 
Good luck to all... I'm going fishing...

Yesterday AM I bought EBAY calls at 6 3/4 and immediately placed a limit sell at 10, the previous high for the day. All day I watched EBAY slide... and slide... and slide lower this morning. A little while ago I tried to sell at 3 1/4 and Schwab wouldn't let me - no positions to close.

Dang!! The calls hit 10 and were sold 7 minutes after I bought and placed the sell order yesterday! I went to yesterday's time and sales to confirm. Never looked. Never noticed. Talk about volatility!

That was too close for comfort. I'm not going to push my luck - or risk upsetting anyone with a post today. :)

Good luck to all today.

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