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


To: LLGM who wrote (17921)6/14/2001 12:40:56 PM
From: Zeev Hed  Respond to of 30051
 
Some took big dips after I announced them, no I don't know of any, it was mostly a call for a bounce of the naz in general, the first at the 2078 (and i got in a little above) and the second for the 2057 or so (and I got a little above on that one as well). The first bounce I did fine, I took a small loss on MERQ but took gains in all others except IRF which is still red. The second salvo is so-so, the noon rally is not happening after all.

By the way, it is not unusual that my entries take dips after I get in, it is more the rule than the exception, I set prices for a swing down on entries and selling prices on a swing up for exit. Staying in IDPH would have harvested another 30% (another buck), but I had a $2 target bounce, so I took it. Then, I will sometime sell the whole chabang when I feel the market once more is going to prove me wrong, and that might be "close" (g).

Zeev

Zeev