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

To: YxY who wrote (9912)	1/8/2001 11:25:39 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 30051

Very strange market, the tic never gets extremely negative anymore, but the TRIN stinks... Well, I have got my work cut out for me on MERQ, I am trying to weigh if to forget about it and move on, but that ego says, you lost $24.5 on three chunks, and you'd better make it back up. If I go back in with a triple position I'll need to make up $8/share and I am asking myself, if a bounce comes can MERQ go above $70? My answer is yes, so, the sucker that I am, I am probably going to jump back in with a triple (g). And they just gave me $62.5, triple position, suicide. (g). In the meanwhile, I took $6 loss on IDPH at $147.125. At least this one, I have a huge cushion to play with. That was the 34th trip in about three weeks, the ninth loser. I might even reenter for a DCB if it goes under $140. It is really a fast mover. Zeev