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

To: Zeev Hed who wrote (2244)6/9/2000 4:02:00 PM
From: Steve Lee  Read Replies (1) | Respond to of 30051
 
I got back into GBT for I think 12 3/16 just before close - I think that is a whole 1/16 less than what I sold them for! Are you impressed?

Seriously, they were showing no signs of backing off. A nice 20% move on strong volume and looking like closing near the high of the day was too good to resist. I think this will be back in the 20's very soon. I put the move down to the digestion of the financials published a few days ago.



To: Zeev Hed who wrote (2244)6/9/2000 4:11:00 PM
From: rfisher  Read Replies (2) | Respond to of 30051
 
Zeev, during the last hour of trading I was watching CDTS and SCON on Level 2. There was minimal evidence of short covering with CDTS but some with SCON.

Congrats on your fantastic RMBS trades. Would you consider hosting a seminar on Zeevian Techniques? Charge a $1,000 per person. I will be the first to sign up. Lets do it in Boston this summer.


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