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

To: Zeev Hed who wrote (20866)	7/18/2001 2:45:24 PM
From: Rich1	Respond to of 30051

Yearly high 90.50 printed 90.20 today.. So hopefully it pullsback..So we can reeneter?

To: Zeev Hed who wrote (20866)	7/18/2001 3:44:24 PM
From: GTC Trader	Read Replies (1) \| Respond to of 30051

IBM - any thoughts? It gives earnings after close today. Seems to either be: a) Successfully testing 102 b) Beginning another strong leg down My short is looking good, but I think I will hold it a little longer. Thanks for reply on CDTS. I was surprised that you would be long a stock and have an outrageous bid so far under your entry point. I guess your thinking is that the stock is so volatile that any stoploss would likely be taken out, and you are confident that the stock will move higher eventually, so you are willing to hold through what you expect would be a sharp drop, IF it does drop. Am I close? Thanks - gtc