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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: marc ultra who wrote (5763)6/10/1999 9:11:00 PM
From: Justa Werkenstiff  Respond to of 15132
 
Marc: Re: "It blew by 30 on heavy volume but might be pooping out here."

Well $30 marks the top achieved by ASYT this past winter. FWIW, I sold 2.5% of my position at $29 and moved the proceeds into another trade.



To: marc ultra who wrote (5763)6/11/1999 8:58:00 PM
From: marc ultra  Read Replies (1) | Respond to of 15132
 
Justa, re ASYT. Reluctantly decided to sell out today at 28. Market conditions and the fact it got a downgrade today made me decide to make a conservative decision and book my 50% profit in 3 months. Of course the fact that the mighty Justa lightened up yesterday was also a factor. I figure I still got my sector play intact with my modest position in the big 4 and besides my Wade Cook instruction book indicated I should sell and wait for it to roll back to 19 again<g>

Marc