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


To: Steve Lee who wrote (7166)11/3/2000 2:29:18 PM
From: Zeev Hed  Respond to of 30051
 
Good strategy, last week when AMZN was at $34 or so, I suggested waiting for another $5 to short, and here we are around $39/$40, a good place. In the meanwhile, I just took $.25 from the bu$$ (what was missing on my foul earlier today <g>), and sold at $64-3/4. Now I am waiting to see if we go under $60, we should have a 3:30 swoon down if history is a guide (VBG).

I also took a very nice 50% gain from CDTS just sold at $13-5/8. Bought this one a week or so ago at $9. I still have SCON, but it is not really moving, either it catches up with CDTS or CDTS catches up with it.

Zeev