Hi, Dan. You're a trading demon. You did great!! I shouldn't have worried, I think. Well, I'm kind of stuck in VLSI and don't get to sell any till it's something like 18 because I screwed up my AIM system. However I did buy a tiny amount of leaps a awhile back and sold half today when it was over 11, that allowed me to take the leap investment off the table, so to speak, since I got more than a double in those leaps and I kept half in case there was a buyout.
I had to leave the computer near the end of the trading day and am disappointed to see that the stock fell back so much. Still, it made a huge move and I guess a lot of people were waiting for a better price so they could pull some of their money out.
There also is still a threat of further bear market, meaning further decline in all stocks, so people are still tightly strung, I guess. A lot of my stocks that had big gains today ended with losing a lot at the end of the day. Still, there might be a reason VLSI moved up so much, that we don't know.
I did close some trades today. I had an AIM sell on PIXR, closed out some CPU Leaps at a profit, doubled down on some IBM puts and some CMGI puts, bought some CMB puts, and sold half the VLSI leaps. So I guess I wasn't entirely sitting still. <gg>
I'm not going to worry about you any more! Maybe.
--Linda |
