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Politics : High Tolerance Plasticity

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To: jim_p who wrote (14886)7/5/2002 10:02:20 AM
From: chowder  Read Replies (2) of 23153
 
Brother Bum!

You may be correct, we may be seeing a bear market rally. We may be seeing some short covering off the employment numbers and a little relief that we didn't have any terrorist attacks over the last couple of days.

I mentioned on Wednesday I was looking for 6%-8% moves in a matter of a few days.

With this in mind, I sold the AMD that I bought Wednesday, for a double digit gain, at the open this morning. We aren't seeing any strength in the markets yet, so I'm taking double digit gains as they come.

I'm still holding MVK even though it is up. In this environment, I'd prefer to see slow growing prices and MVK is doing OK so far. I do have a sell limit order in if it decides to jump near a dollar per share on the day.

Let Mom know I'm doing good. I've been timing these buys fairly well and I feel fortunate to be enjoying success in a market that is being cruel to so many people.

dabum
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