The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (127)	11/14/1998 11:25:00 PM
From: Jeffrey Lee	Read Replies (1) of 90042

Tim, Agreed, no rate cut Tuesday. Question on impact to Dell. Have a thousand I don't trade from way back (it's IRA'd). Picked up another 500 trading right before the correction (at 66 1/2 - ouch!), rode'm down to high 40's and back up to 73 a couple days ago. Didn't pull the trigger and instead I'm still holdin' at 63 15/16 (double ouch, I guess). Picked up another 1,000 between 63 9/16 and 64 1/4 on Friday. Any thoughts anyone? Should I let the recent 1,000 go if Monday trades up - and not risk the short-term impact if there's no cut on Tuesday? If the market "over" reacts could probably buy'em back even cheaper later in the weak, huh? TIA, JL

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