| LG, was watching NTAP, too, also looked to me like a potential short opportunity (spike and a ledge), which made me uncomfortable, as I had bought in long on a different signal a couple hours earlier, then found myself staring at it most of the AM (West Coast), just sure it would crumble along with everything else. Some stray CNBC position-adverse quasi-FA kept running through my mind ("business OK...but new competition" blah blah blah - was sure, of course, that everyone else MUST be thinking the same thing, just waiting to bail out...). To my surprise, and delight, the alternative possibility, that someone was holding the dang thing up, seemed to be verified, as buy orders suddenly stacked up, and the thing spiked again in the good (for me) direction, helping to rescue at least in part what was shaping up to be a lousy day for me (total undisciplined greed-induced failure to take timely profits). Must now go walk the dogs, slap myself silly, have lunch... Later! |
