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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (14)	12/7/1999 4:03:00 PM
From: Steve Lee	Read Replies (2) \| Respond to of 30051

Just closed the JNPR Dec 300 call position at about $38 (waiting for exact exec price). Not bad considering I bought at 14 7/8 yesterday. I only had one contract but we're still talking over 2 grand here so thanks again Zeev for prodding me on this one, that's the second profitable trade I've made on JNPR calls since you suggested JNPR as a good channelling stock. I was watching VLNC and saw it nearly get down to the 10 1/2 where you reckoned it was a buy. Unfortunately it didn't quite make it down that far, which is a shame cos it has now gone to 14. Anyway, I reckon I have covered the tenner I sent yor son for his new CD with the profits from the JNPR trade. Keep your ideas coming Zeev, and I'll buy his next CD too!