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


To: Steve Lee who wrote (31)12/16/1999 8:23:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Steve, I am still in ONT (it was brought to my attention by doormouse) and thing that it could go higher. Did CCRD and XIRC (the latter was the best and I am out). Still waiting for reentry in JNPR. I think that RMBS is ready to make a major move soon, its chart is compressing, the move could be either way. Thus the straddle suggested then, it did go to just under $66, thus the put leg would have been profitable and should have been taken out, if it goes back to $74, the put side should be reestablished since I have no idea if it will break up or down).