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Strategies & Market Trends : The Amateur Traders Corner

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To: Tom Hua who wrote (1253)9/23/2000 9:56:54 AM
From: Fundamentls  Read Replies (1) of 19633
 
What a strange day, Tom. I killed several stop orders before the open, which turned out to be a good move as I would have been taken out well below the closing prices. The first half hour was a great buying and short-covering opportunity and I only wish I could have typed faster. Doubled up on INTC at 47, and the fire sale on RSLC was a gift from heaven.

Overall I felt pretty good about the day, coming out ahead almost 1% despite INTC. One of my favorites, DTMC, came back nicely from recent weakness, and even KREM behaved for a change. I stopped out of ESHR at 2 7/8 and missed the opportunity to buy back a point lower. We may have seen the lows on ESHR, but the chart is pretty scary right now, so I'm going to wait before reestablishing my position.

Regards,
Fund
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