Larry, you still do not understand my approach to day trading, we have already taken a big beating on the Q in the first hour of trading here, shorts are going to provide for a bounce hen they take their profits, thus volatility is going to be created and $.5 to $1.00 profits on the Q could be made available, thus the move. Typically, I would have waited a little longer (around 11 to 11:30), but the refusal of JNPR, for the time being to go back under 19, the proximity of the Naz to a strong support at 1934, persuaded me to move. It could still be a wrong move. I think that by the end of the day, JNPR will move back under $19, however, I hope to take another profit before that. By the time finish this post, you probably can get all these at better prices (g).
Zeev |