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

To: Robert Cohen who wrote (6336)	10/16/2000 2:49:46 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Thanks, Robert, it resumed all right (g). By the way, one of the rare case when breaking my own rule about stop losses worked. I bought the first chunk quite some time ago (for me <g>) at $72.25 and then doubled up at $62, and did not set a stop (telling Bernie, this stock can go from $50 to $90 in a blink of an eye). Well, it worked and I just sold it at $74.5, both positions. As they say, sell on the news... In edit, I also sold SCMR at $91, for $7.5 profits. Maybe they will let me back on. I also sold NVLS at $41.25, a nice $3 plus small gain. The sector is still looking for its footing. I might be able to get abck in under $38. Thus the bus went out as well at $67-7/8, maybe I can get back under $65 or so. They finaly got my GTC for additional HAUP at $4-1/8. Another case of "breaking the rule..." Zeev In further edit, it did not take them 10 minutes to bring GMST fro above $75 to $69, I jumped back in at $69.25, better than $5 to the good.