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


To: Steve Lee who wrote (270)2/18/2000 10:10:00 AM
From: Zeev Hed  Respond to of 30051
 
Steve, no time table. A very fickle day due to expiration. Got out near opening out of BRCD at $280. Waiting to see how $138 is tested later today on RMBS. ONT must break $34 with volume to get me back in, but there is another major problem at $40. Also took a loss on HAUP at $51 and got $20 bucks off the ANCR trade (out at $59). I'll rest for now (G).

Zeev



To: Steve Lee who wrote (270)2/18/2000 10:13:00 AM
From: Steve Lee  Read Replies (1) | Respond to of 30051
 
Sold the ONT @ 31 3/4. I believe you are right that we can pick this up later for cheaper. liek you say, lack of follow thru once it gets to 32+

Limit order in to sell some of the RMBS at 143 1/2. I have to go out for an hour or so and don't want to find it all at 120 when I get back.

ECIL got stuck at 35 and is now coming back a little - so I just put a market order in to sell half of this. Got 34 3/4.

INTC looks like a buy right now for a trade to 112 or so but I will hold off until I get back.