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


To: Zeev Hed who wrote (14344)4/11/2001 1:57:59 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
In the meanwhile, fearing a bad earning report on MERQ, I took it off the table at $45.66, and BEAS went with it at $35. Both for more than a buck profit. Also took the bu$$ off at $18.5, just $.60 profit, but I do not like the way it is behaving here...JNPR just went at $45.15 for a clean $3. BRCM went at $33.21 for another $1.30

I also took ELON off, at $14.44, I was hoping fpor another run to above $15 and a trip then to $17, but now it seems that $15 is serving as overhead resistance here, still a nice $2 plus profit.

That was a fast cap raising to 24% cash.

Zeev