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To: hsg who wrote (34105)7/22/1999 11:01:00 AM
From: James W  Respond to of 37507
 
I'm selectively taking off the hedge, was looking for a good technical bounce today, 9.30 was confirmed by MACD, RSI and MA's. This does indeed look like a good spot.



To: hsg who wrote (34105)7/22/1999 11:04:00 AM
From: GoNorth  Read Replies (1) | Respond to of 37507
 
hsg, in the old days what we've seen today would have been called a shakeout! The big boys were thought to be shaking out the little guys and picking up cheap stock. Haven't seen this idea floated in quite sometime. I guess it's more than a shakeout given it seems to go on day after day after day.

>>Are you buying more today? Are you going to cash out your hedge and reinitiate if it goes higher? Could be a good strategy...


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