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


To: mishedlo who wrote (22825)8/3/2001 8:50:59 PM
From: Paul A  Read Replies (1) | Respond to of 30051
 
Im new with TARO, but saw everyone playing it here a few times over the last few weeks and got jealous :)

IMCL has been on my list for a long time now.. I originally played it ages ago when I was a member of Anthony Elgindys private site and he picked it as a long at 15 or so and it shot up over 100.. I like IMCL quite a bit as a long term play but right now IM just trading it for the wild swings, both short and long : )

TARO I bought right at the close for $39, but good lord does the chart look like its ready to die or what?

Bios remind me alot like semis because they trade so wildly.. If your on the right end of the trade you can make a killing like I did this morning on the dip.. Unfortunately, those funds are going to pay for the loses im racking up with my semi shorts : )

IM going to spend the evening setting up a network/DSL in my home so wish me luck.. I cannot believe I survived this long with a 56k.. IM one cheap bastid for someone with 2 jobs and no wife/kids..

...I didnt cover a single short this week, so now it looks like Monday or Tuesday will be decision day.. I think the CSCO report might be the catalyst for the downside as I fully expect them to give a forward looking statement thats honest and gloomy.. Unlike Intel and the rest of the rah rah cheerleaders who never say anything negative and always come in on the absolute lowest end of estimates, only to say 'its going to get better- we can see it!'