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Technology Stocks : Altera
ALTR 53.61+1.3%Jul 7 5:00 PM EST
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To: nealm who wrote (1936)12/2/1998 4:16:00 PM
From: L.B.Nguyen  Read Replies (1) of 2389
 
Shorted XLNX at 56 and wanted to long ALTR around 51 but it ran away from me to ~53. So I waited to buy toward closing. However, watching XLNX ran to ~58.5, I covered XLNX at 55 11/16 with market order. Sure enough it ran back to 56.5 in a few minutes, whew !!! turned around shorted KLAC at 41.25 at closing.

ps: I think the run up today is due to short squeeze
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