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Strategies & Market Trends : Don't Drink the Kool-Aid Kids

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To: Poet who wrote (556)	5/8/2001 4:12:51 PM
From: im a survivor	Read Replies (1) of 1063

I've been enjoying the low volatilty and nice returns trading the 03 sunw 35's ( vusag ).....not crazy up and down swings, but you can pretty much place orders in the $1.75 - $2.25 range to buy, and then flip for $3.50 - $3.75 in a heartbeat....well, not a heartbeat, as sunw is not very volatile, but it has been pretty consistent the last few months......buy at 2ish, sell in mid 3's........and since it is sunw and they are 03's and they are dirt cheap, I have plenty of time in case sunw drops to $5, and if it does, then I'll really load the boat and get out with a nce profit if sunw simply moves back to $8 - $10........so, I like the safety, and the 50 - 75% returns I have been getting on them.........

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