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

To: vampire who wrote (6741)10/25/2000 11:10:52 AM
From: mishedlo  Read Replies (1) | Respond to of 30051
 
I doubled my position today at 32 1/4
A bargain is a bargain

Yes I took a loss of a exactly a point today
Yes I took a gain of 2 1/4 points today - equal shares
I went on margin to buy today wanted to unload quick.

Yes the stock does seem to run from about 34 - 39
And if I knew there was going to be a huge discount on everything today I certaing would have been in 100% cash this am

I saw a silly price on EFNT and GMST and took it
Sold GMST as well even though I think it is going higher

Margin nearly destroyed me earlier this year.



To: vampire who wrote (6741)10/25/2000 11:32:00 AM
From: mishedlo  Respond to of 30051
 
I just re-read your post - Thanks I actually did better on EFNT than I thought.

Yes I did buy twice yesterday. The first buy was in my IRA and I still holding that.

So on the portion I sold in my trading account (actually all my accounts are trading accounts now) I actually made a tiny gain on the portion I bought at 34.5 (not much to brag about 1/8 point) Now I feel better about my $2,500 gain by going on margin. I also need to watch the other account.

ggggg


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