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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Judy who wrote (19397)2/10/1999 7:22:00 PM
From: Lee Lichterman III  Read Replies (2) of 42787
 
Thanks but my luck just ran out. Bought a small call position for an earnings play on KEA and they just halted trading and stated they had a spreadsheet error and over stated backlog last release then released earnings that only met instead of exceeding estimates. I guess I can write those calls off. Dropped 10% before it was halted and I can only have nightmares tonight about where it will open tomorrow. <ng>

I can't be comfortable with more than a day trade or short term trade with tight stops in chips. The FA side of me says PCs and chip's days are numbered. Servers and software are the future IMO as well as the internet but not at internet's current prices. My vision is clouded by the news shock today but I still see bearish signs ahead so I may just take a step back until I can get back in sync with the market.

PS-Do you already have my site address?

Good Luck,

Lee
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