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Strategies & Market Trends : Steve's Channelling Thread

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To: rfisher who wrote (2006)5/26/2000 4:16:00 PM
From: Zeev Hed  Read Replies (3) of 30051
 
If my screen was "tuned" 30 minutes ahead of time, I would have known that (and thatI could have sold QCOM at $68 rather than at $64-3/4<G>), unfortunately, I am not blessed with a "look forward system" (g). The market may as well have tanked, I saw ELON ticking 53-3/4 few times too many, and just sold at the then prevailing bid. Better something on the plate, than more on the tree, and since I really do not know if we gap up or down Tuesday, and I will not be in to watch all morning, I thought I would reduce "exposure". I am still fuming on RMBS not coming down to pick my day order at $152, it run to $163. Well, that is greed and fear for you. I hope Misheldo will not be upset that RMBS closed some $5 above his selling, it is part of the "whipsaw game". Conserve capital and you'll be around to play the next real round, not this cat and mouse game we had today.

Zeev
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