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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (3489)	10/14/1998 8:41:00 PM
From: Paul A	Read Replies (1) of 7247

wow.. great call on XYLN.. of course I didnt listen, but hey- im new on this thread so Im allowed 1 mistake :) I bailed out of SUNW even tho that was probably a mistake. I took a position in AAPL at the end of the day- the sell on the news mentality works fine if there are some ulterior motives other than just following the herd like INTC report but I saw nothing but fantastic news associated with AAPL. It was a mass exodus between 3-4 and was very happy to see how over done it was. THis will be a gap to $38-39 tomorrow morning with short covering at the very least. is it safe to take positions yet Tim? Just when we look like we are holding a rally, poof...

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