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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: steve susko who wrote (1203)9/21/2000 7:03:46 PM
From: Tom Hua  Read Replies (1) | Respond to of 19633
 
Steve, I'll have to think about it tonight. Bought a little INTC at 49, just a little. There's a chance of a follow through on Monday, so I'll save some buying power for next week too. But tomorrow is definitely a good day to cover shorts and start long positions in quality stocks.

Regards,

Tom



To: steve susko who wrote (1203)9/21/2000 8:50:42 PM
From: Tom Hua  Read Replies (1) | Respond to of 19633
 
Steve, I'll cover some shorts but probably won't go long too much yet. If the Nasdaq drops >200 pts tomorrow, margin calls will force more selling Monday. I started buying a little ICGE at 25 1/8 yesterday. Will add tomorrow and next week. It'll be a gift if I can get them below 20. Kinda remind me of XLA in the low teens last month.

Regards,

Tom


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