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


To: TREND1 who wrote (24169)8/16/2001 9:40:06 AM
From: Steve Lee  Read Replies (1) | Respond to of 30051
 
Sold QQQ short with market order at open.

Took 5 mins to fill even though there were plenty of upticks(Schwab!)

Got 38.5

I'll sit on this for a while - target 34.5 with a mental stop being triggered if it goes over 39.23 for more than 5 mins.



To: TREND1 who wrote (24169)8/16/2001 9:41:48 AM
From: robwin  Read Replies (1) | Respond to of 30051
 
Well folks, at 9:39 am., i formally capitulate, surrender, abdicate, throw in the towel etc... I, as a representative of the J6P set do formally sell all my holdings in this market...enough is enough...

that being said, all of you should be ready for a strong counter-rally shortly after my exit, likely sometime next week...

Robert

P.S. Will the last one out, close the lights...



To: TREND1 who wrote (24169)8/16/2001 11:01:37 AM
From: mishedlo  Read Replies (1) | Respond to of 30051
 
In this market the never ending cycle of selling at the lows and buying when things look good.

Perhaps you should turn your channels upside down. gggg

M