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


To: U.B. Green who wrote (8163)11/24/2000 12:01:29 PM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
Bernie, I don't have any VTSS anymore, but if I had any, I would try to get out between $61 and $63, I think that there is a lot of "supply around the $63/$65 area now. I had some ADI but I just sold it when it reached $61, since I fear another relapse. I left Wed. with only 20% cash, and I'd like to go to at least 40% by the end of the day. I'll miss some additional moves up, but with the market closing in about an hour, I'll be busy selling.

Zeev

In edit, sold the holy one at $15 flat and the two trading positions in QLTI (bought at $45.25 and at $39-5/8) at $44.75. I still hold the, by now, LT position at $54-3/4, but the last six trades or so brought my cost well under $35 on that, so I can take the pain.