Hi Ali,
"What happened to Jason ?"
He took a job at WIND, so he had to stop posting on that board, and he only pops up here when he wants to bug us, ie when WinStar is down and he wants to say "I told you so".
"I'm out waiting to get back in. Like Dream Weaver."
You traitors!!!
If the two of you would have bought today, you could have pushed us over 42 3/8 so that we could have kept our streak alive. Instead we're back to T-30 and it's all your faults :-)
(I thought of putting in a 42 3/8 limit order for 100 shares right at 4:00 to see if an unscrupuous market maker would have raised his ask just to fill me at 42 3/8 and keep the streak alive, but I didn't know if that would be legal or not. Kinda painting the tape. With my luck anyway, he would have filled me at 42 5/16.)
You've got to be careful picking your times to be in or out here, and I'm not sure now is the time to be out. There is a lot of potentially good news and coverage initiations out there that could still move us up. IF (big if) the market holds up, which seems right now could go either way. Of course we have also always witnessed WinStar's ability to move up good when the market is going down big. So unless the market totally goes into the crapper, I wouldn't be surprised to see WinStar above 50 within a month. I think we've all become familiar enough with the times to get out that we can feel or sense them, and at least I'm not feeling it yet (of course SW sensed it first last time, and I think he's starting to sense it again. Maybe he's our early warning signal). We're still in a real good uptrend and the chart isn't giving any strong sell signs yet, so I'm still holding call options. Just a couple days of nervous profit taking (I think the convertible situation and shorters makes everybody a little nervous when we get to this territory) in a shaky market.
Just be careful now of not getting back in at a high after more good news.
Have a great weekend,
Steve |
