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


To: anandnvi who wrote (2104)6/2/2000 11:18:00 AM
From: Zeev Hed  Respond to of 30051
 
Talking about "dumb moves", I sold CDTS yesterday at $13-5/8, I could have pocketed anothe $3, making it "almost a double bagger in two days, instead, I was "happy" with 55% in one.

By the way, I do not think there is a need to rush here, I for one, think that I will still be able to get back into RMBS under $200. I am also looking at dumping SNDK on a run, since it still has a bunch of "overhead supply. Medium term however, I see a target of $88 achievable, but I would like to reenter at slightly better prices (I got caught "flat footed" by being out yesterday).

I just got out of SNDK at $75.25, not much, but I am trying to reposition myself at a better price closer to $70.

Zeev