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


To: Bosco who wrote (12467)3/12/2001 3:56:56 PM
From: Zeev Hed  Read Replies (4) | Respond to of 30051
 
That part is expected, but the Naz getting under 1960 was not. (g). I thought AG has it's PPT on the "ready", whwere are they? In the meanwhile, yes, I GOT Back into CMRC at $10.55, at least, it is a buck discount to my last sell (VBG), and more important, todays trade ar a good $7 from the last time I played it barely two weeks ago (yest, then I left a buck on the table, so far this buck has been regained. However, there is serious damage in other positions. They hit me with APCC near the close at $12.25, where I had a GTC as well. Lucky I got out of the holy one, it is in real free fall here. Unfortunately, I am probably not going to be here tomorrow, maybe it is for the better, I won't get tempted to be whipsawed. Historically, black Mondays, like today, when they do happen are followed by very weak openings on the next Tuesday, and then the PPT (they must have had a long lunch) get into action.

Zeev