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


To: Jdaasoc who wrote (6412)10/18/2000 11:23:35 AM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Well, could be, but right now I have to look at the breach of $54 of the bu$$ and the overhead resistance at $65, so I sold again at $63, with the idea of going back in under $60 again. I also sold the double position I had in SSTI ($21-3/8 and $17-3/4) at $21. The massacre is really not that bad. Of course, some of the positions I sold this morning could have been sold at better prices, but "conservation of capital" came into play. Also sold the RDRT at $7-7/16 just minutes ago.

Zeev

In edit, XIRC sold at $14.5, ouch, this is a 3-3/16 loss, quite large, I'll need to go to work on this one like the VECO hair cut from two weeks ago (g).