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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: lightwave51 who wrote (34307)11/3/2000 5:01:13 PM
From: mtnlady  Respond to of 54805
 
Sorry? No need for apologies in the least. We all have our own comfort levels. For me I didn't feel comfortable with the market right then. What did I do with the cash?

Well let's see. I loaded the boat with NTAP. I traded in and out on SEBL's momentum (too high right now for me to feel comfortable as a 'long term' entry point) and made excellent money on a flyer on RMBS. Still holding my SDLI dec 300's. I've now got all of the NTAP plus a 'goodly amount' of cash from RMBS 'flyer' and the SEBL 'day trading'. If we get a decent pull back the money will go back in. If the market takes off I will make 'a lot' off of NTAP (and I will keep day trading). I feel comfortable having a nice chunk of cash and lots of NTAP going into next week and NTAP's earnings the following week. NTAP is my 'long term' holding right now. I like my entry point (hope to get more next week!).