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


To: captain_midnite who wrote (9924)1/8/2001 2:49:52 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
You are right, and CRA just broke $29, and I am out at $29 flat. I may get back later, but it should not have breached, now it could go to the $18 area (cash on hand?). The loss is not that bad ($1-5/8) because I got in near the support, I also had some nice winnings on it last week (thanks the feds). I did, however, take the MERQ's out for precaution, just an even trade (actually an 1/8 to the good). Maybe if we break 2300, they'll hit harder. It has held relatively well in the last hour or so.

Zeev