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Technology Stocks : The New QLogic (ANCR)
QLGC 16.070.0%Aug 24 5:00 PM EST

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To: Kelly Igou who wrote (12046)10/31/1997 9:13:00 AM
From: nic  Read Replies (1) of 29386
 
[close correspondence ANCR - DJIA]

You're right, I've been monitoring the DJIA over the past 3 days in order to time my ANCR trades, and have been pretty successful with that strategy. I'm going into today with a full load of ANCR, at a significantly reduced average cost... now if I'd only started to pay attention when we were still above 10, I'd be positively smug... :-/

I don't normally trade short-term, but this volatility is just begging to be taken advantage of. Be careful out there though - I don't do this on margin, for instance, and strictly with my "play" money.

- nic
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