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


To: Zeev Hed who wrote (5953)10/6/2000 4:04:46 PM
From: Logain Ablar  Read Replies (1) | Respond to of 30051
 
Hi Zeev:

Well I think we are a lot closer to the bottom now. Back in CMRC today. On a day like today they were not able to keep it below the 200 day ema. Won't mean Monday and Tuesday won't be battles but hey thats what makes a market.

Message 14529295

Tim



To: Zeev Hed who wrote (5953)10/6/2000 4:28:37 PM
From: mishedlo  Read Replies (1) | Respond to of 30051
 
Zeev as you can see by my lack of posts I went solo today. Was not on the boards all day concentrating on trying to make a decent decision myself.

WOW - What a day
Sold my BU$$ common today at 83 and 84
Sold some BU$$ calls today (but not all) when RMBS was in positive territory

Bought back the BU$$ too early at 79-80 and tripled my common at those prices

Bought some INTC common too early at 40 1/4
Bought SSTI too early (or too late) at 22 even

Given the carnage today I guess I did OK

Should be able to get out with a gain (hopefully) or a small loss at worst on these positions on Monday.

Suggestions?



To: Zeev Hed who wrote (5953)10/6/2000 6:07:24 PM
From: U.B. Green  Read Replies (1) | Respond to of 30051
 
Zeev, and all. QLTI bid and close is 56 1/2. The ask is 89 7/8. What does that mean? Has there been some news?

Bernie