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


To: Zeev Hed who wrote (5823)10/4/2000 10:59:58 AM
From: SBHX  Respond to of 30051
 
zeev,

I was chasing sndk a bit since I sold too early there (69.25) and my 64 7/8 bid after that (too greedy) did not fill. I don't mind holding these bargains for a while, but as usual, I have my 7% SL. Tighter sometimes.

BTW, $65/$67 midpoint is $66. I'm usually don't mind paying slightly more than the low of the day, just as I don't mind selling below (not too much though) the highs either. Selling sndk@69.25 was a bad trade. Just got too scared of the oncoming onslaught and didn't pay attention.

Hmmm. SSTI seems to have turned around quite a bit. What gives? Now above 24 1/4. Should I take my $3+? Let's see now.

SbH.