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Strategies & Market Trends : Steve's Channelling Thread

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To: hotlinktuna who wrote (28623)9/24/2001 3:33:03 PM
From: Zeev Hed  Read Replies (4) of 30051
 
Tuna, be careful with BA it broke quite badly, I did not have my SL in place, but I just sold it here right now at $32.55 for a loss of $2.45 (My stop loss would have been $31.5, so I consider that extra buck a "gift") I will want to see it retest the lows successfully before recommitting.

By the way, for those that follow my core position, BA was one of these bought earlier last week. Late last week I added TYC and got back into COO both at much better prices than my last sale, and I am still trying to get back into MRK and possibly AW ( from which I was stopped out last Monday, giving up most of this year's profits on that one, c'est la vie).

Zeev
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