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


To: Steve Lee who wrote (249)2/17/2000 3:34:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
Don't worry, you are doing fine. Patience comes with age, and it is the latter part you don't want (VBG). These stocks will go from time to time into a "gestation" period before they explode. We had weeks of very limited movement in RMBS before it blew, in ANCR I had to wait almost two weeks before the recent move (up another $12 or so today, not bad from $39 to $55 or so, and I am holding for a test of the $65 to $66 area). HAUP I am still under water, as well as with VLNC and part of my CYMI position. Just as long as you do not let the losses get into disaster area because you wait too long....

Zeev