Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Zeev Hed who wrote (14888)	4/21/2001 6:05:26 PM
From: GTC Trader	Read Replies (1) \| Respond to of 30051

Warning heeded. Just placed GTC to close both positions at 52.25. I would expect a test of 52 even if the rally is real, which I don't think it is. AMAT seems overbought, so I may be OK. I had the GTC to short AMAT at 51.5 and that looked perfect Wednesday morning when INTC's exuberance bumped AMAT just above my GTC. Then AG had to do his magic moving AMAT above 54 before I had a chance to enter a stop. Perhaps I should have exited at 53 at the end of the day, but I didn't expect Thursday to make a new high. I am diversified enough that I can wait out some of these bad positions, but it is a struggle knowing when to take a loss. I appreciate your help, and I strive to remain - Good unTil Canceled !!! : ' )