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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Rich1 who wrote (19359)2/22/2000 10:39:00 PM
From: Lost1  Read Replies (1) | Respond to of 63513
 
Do Not Buy in the Opening Hour. <ggg> THis is a good rule that I always try to follow..except my rule only says "do not buy, or sell, in the first 1/2 hour of trading".. However, sometimes rules must be bent. In the case of KLIC it received an upgrade before the open, which on a normal or upward SPX day would have meant that we would have paid much more than 71+ after the first hour.

THen again, WTFDIK?

<g>

edit---wish I had your RMBS shares to go along with KLIC



To: Rich1 who wrote (19359)2/23/2000 12:12:00 AM
From: Alan Smithee  Read Replies (1) | Respond to of 63513
 
I got mine around 3:00, only because I happened to stumble across the KLIC quote, checked the chart and said, "Smithee, this does look like a triple top, and it's pulled back nicely to 70 3/4."

Actually, looking at the intraday chart, it appears 11:45 was the time to be a buyer.


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