I think I "dun good" by screwing up! I tried to sell my remaining 500 share position of INTC at about 3:53 EST today. I have never had a problem selling that close to the bell. At the time, I was "happy" to get 129, which was the price on the sell side. Well, the order took too long to get through the pipeline and it didn't get filled (it was a market order...I use National Discount Brokers and they usually do a very good job...today was the exception). Anyway, you know the rest of the story...it kept going until the end and closed at hit's all time high of 129 1/2 (to 5/8).
Unless it gaps down tomorrow (maybe it will gap up <big grin>), I should make out OK. Jack what would YOU do here?
For the benefit of the rest of the gang here, I am still VERY bullish on INTEL (not that I am any kind of guru whatsoever). I, like Jack, like to TRADE based on daily (and sometimes hourly or shorter) fluctuations. I average two roundtrips per week. Honestly, if I catch 50% of the stocks (Intel and occasionally MSFT and Merck) move (being in on the way up and out on the way down...I don't sell short or buy puts at this time), I consider myself lucky. In fact, my brother jokes that he is gonna take the other side of my trades since I've been wrong so many times. The "Contrary Bernie Indicator". In fact, I missed the entire recent run from 109 to 124 (although I GOT the run from 101 to 114 prior to that). |
