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


To: Zeev Hed who wrote (6833)10/26/2000 12:37:19 PM
From: vampire  Read Replies (1) | Respond to of 30051
 
Thinking about buying some T here for a long term position.



To: Zeev Hed who wrote (6833)10/26/2000 1:43:14 PM
From: mishedlo  Read Replies (1) | Respond to of 30051
 
Well Zeev I am > 90% cash. Sold everything at the open but a few SSTI calls and a few BU$$ calls.

Most sells were at losses but I was determined not to go down with this sinking ship.

Managed a gain on my last GMST purchase
and got out near the high of the day on my biggest position - SSTI.

Had I not been busy extraditing myself from this mess I would have gone short this AM and made a killing.

P.S. I escaped with my life on the SCMR calls I bought at 65 yesterday. That was the first thing I sold.

Huge (relative losses) on a small # shares of VECO and a few others.

Also managed a gain on SNDK - very very tiny as well as a tiny gain on some SNDK 55 calls I bought yesterday.

I guess relative to the market - I got out ok.