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To: drsvelte who wrote (12524)3/17/2000 12:46:00 PM
From: shasta23  Respond to of 14427
 
Doc!

Yap, i did buy CPTH at 90 and sold today at 94 3/4, probably too early. But it's now in the 92s again and 96-97 is resistance. 50%daily fib retracement at 90 and 68% around 84(i think). On yesterday's rally it did not budge and closed at the low which wasn't a sign of strength. So when we ran up today on the market i sold because i think(hope) that we still see a pullback again. Will hopefully reenter again around 90 or lower or when the stock takes out intraday resistance at 97. That's the idea.
Frankly don't know what the options expiration will do to the prices today...
Sold HLIT in the 119s and hope to reenter in the low 110s.Might not get there...
Felt like a good week to end in cash! Might loose some opportunities here but the market will be there again...

Stefan