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Non-Tech : Invest / LTD

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To: Thean who wrote (4471)10/20/1998 5:14:00 PM
From: waverider  Read Replies (2) of 14427
 
Thean, this rally tested my nerves. One of the only reasons I didn't just cash out on my AFS puts was that they were worth so little I didn't have much to gain. At that point, I checked out the chart and the damn stock was just sitting there on the 200 MDA and what appeared to be pretty strong resistance. The stock was up 1/2 point when I started my gut wrenching analysis. By the time I got my option buy confirmation, the stock had dropped by 1/2 point...then the sellers swamped the thing. Appears as if we were all looking at the same thing at the same time. Got a nice price BTW.

NEM held up well. Love that $21 1/2 support line. For those of you who don't know yet, some big Japanese bank just accepted public funds to help bail it out. When the news hit the wires, the dollar sank after holding its gains all day long. I think the Japanese are going to start that US treasury sale very quickly to collect the money needed for these bail outs. Looking for gold to finally take off.

What happened to Dell today?
11:11
Gotta go pick up my son. Zirconian Diamond dreams to us all tonight!

<H>
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