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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (3543)7/29/2000 3:56:51 PM
From: Zeev Hed  Read Replies (1) of 30051
 
Steven, few days back I rec'd APH (it was in the mid $60), I see that I forgot to mention that I got kicked out on Thursday's opening, I had a stop loss at $61 (an actual one), but it opened at $59.5 taking me out. Quite a disappointment since I expected this stock to go to just under $100 if the rally would have continued, and instead, I saw half my profits evaporate (I was in since May at $50 and it got above $70 taking the high at $64 before collapsing, unusual). I am planning to get back in but I want to see first how the $45/$50 area holds, if it does not breach it in the next few days, I'll try and get back in just under $50.

Zeev
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