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Strategies & Market Trends : The Amateur Traders Corner

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To: Triffin who wrote (17270)12/12/2001 5:32:49 PM
From: Paul A  Read Replies (1) of 19633
 
IM glad I didnt try INVN.. I was playing IDNX(long) all day, and just watching the shorts all over it, and at 11.30/11.40 they lost it and that gave me a nice fat profit.. Theres simply too much momentum in these plays right now.. INVN has to go to $50 before I consider shorting it at this point..

IM praying the fire continues on the defense plays because IMX has their conference call on Friday and they will be giving a demo of their product.. Buyers came in here at the end of the day as well, but 15 is the sticking point.. if it breaks 15.40 tomorrow ILL have a huge buy stop that will trigger and letsee how much the specialist rips me off on that fill..
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