I treat each stock separately, and they must violate trends before I move, or have another good reason, like a sudden move up that i think will not be sustained. Take VECO, it refused breaking the $87/88 area earlier this week, so I bought at $91.5 and it is doing well. RDRT, on the other hand, dipped below $9 (and if i would have been in this morning, I would have bought at $8.75 or so), but right now, I am flat on it. As of right now, I am still "lightning (no RMBS, SCMR, EMLX or RDRT and few others), and just minutes ago I sold GMST at $83.5, the whole position (I had some from $86 or so and some a bought again at $79.5 earlier this week). So, I am selling here and there. But, KEM, APH, SSTI and SNDK I am still holding, since they are either doing fine, or holding their lows. On the other hand, some stocks reach my target (I had GTC at $13.25 and $12.75 on WSTL for quite sometime, and the $13.25 filled sometime this morning) and i buy. I have an outlandish GTC of $103 on SCMR, and it may fill before this decline is over.
Zeev
In edit, while writing this, I see WSTL has just vaulted from under $14 to $16, anything happening there? |
