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Strategies & Market Trends : Z PORTFOLIO

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To: DanZ who wrote (11507)2/4/2004 2:54:35 PM
From: Carl Worth  Read Replies (2) of 11568
 
well i'm the one who said we should do longer term trades here but i don't like the way the naz looks at this point so close my CELL and SGMA at 21.23 and 22.20 respectively, a few cents gain but the gain or loss isn't really important, what i'm looking at is that i think i can buy tech stocks lower and the risk/reward isn't really in my favor right now

CELL reports after the close tomorrow and the recent action tells me they would need to really blow out their number to avoid a sell on the news reaction

i have several stocks i'm looking at buying but probably not today, the market needs to settle down a bit first
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