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


To: Logain Ablar who wrote (10357)1/18/2001 7:31:59 PM
From: Sam  Respond to of 30051
 
Tim,
That's when they pulled it, but they first floated it when the stock was around 30 or 31, if I recall correctly. It then immediately went down a couple of points, and then they pulled it when it went to the low 20s.

I expect a good call and good guidance, and the stock to go back into the 30s. At least that is what I'm hoping for. January so far is as good as December/November were bad for me. In fact, better, thanks to some averaging down, with SSTI being only one of the stocks I'm holding that tanked in December that are now up more than 50% in the past couple of weeks. One has doubled (CRUS). I'm sorry I didn't become more fully invested, but prudence and fear keeps me with 10% cash (was about 15% cash just a couple of days ago, but the equities have gone up so much that it is quickly being reduced percentagewise).

I'm not complaining, but [he said in a whisper] aren't bear market rallies supposed to be fast and furious? [Shhh--don't ask don't tell...]

Sam