Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: chic_hearne who wrote (26239)	10/10/2000 11:54:33 AM
From: AllansAlias	Read Replies (3) \| Respond to of 436258

Still a good trade chic. So what if some of it was left on the table. Luc -- defcon 1 methinks.

To: chic_hearne who wrote (26239)	10/10/2000 12:24:14 PM
From: Perspective	Respond to of 436258

You and me both. I've been watching the "dump on the downgrade patterns", and they have lately opened near the highs for the day, traded down to a climax bottom within about an hour, and then spent the rest of the day slowly clawing back. They give a little dead-cat bounce the next morning courtesy of the buy-the-dippers that only do orders at the market open. Then they proceed to bleed for days. My observation for years has been that selling on the open on major trendline failure or downgrades feels good for a few hours (nice - I got a price better than those poor suckers). Then it hurts within the next 24-48 hours (gee, if I'd put in a limit sell, I coulda got another 5%). But then a few days later, the sale looks brilliant (man, looks like I was right after all). I covered at 30 1/2 and 58, and even started nibbling at a little long in XLNX here for a sale on the open tomorrow. Bruce awaits at today's highs to slam the buy-the-dippers with deadly ninja force... BC