uncle, actually, when I went on the road I had my GTC at $63, in case I get "lucky", the $49 was only if the $61 did not hold (got to keep being flexible with a stock like RMBS), Obviously, I did not get the $63 and who knows if I'll ever get $76 (actually $74 during a spike down, but should nor close under $76, IMHO, to stay "bullish). If it runs away, I always have a break through $95 to jump back in, which happens to be my first sell on RMBS (on the way to 109, of course, leaving on the table..., yes, I know). In any event, even if that is what eventually transpires, and it is certainly possible, I'll still have about 30% more shares than originally because of few trips in between.
I worry a lot, and now I am worrying that the sox is going to run head on into that 328 double, triple, who knows how many heads tops. If it does, RMBS "retrenchment will be deep, if it does not RMBS may not retrench at all.
Zeev |
