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

To: westpacific who wrote (24565)	8/17/2001 4:20:17 PM
From: Steve Lee	Respond to of 30051

I think further downward movement on Monday. Maybe a slight markup in the morning as this afternoons pathetic bounce gets the last life squeezed out of it. However, took profits on my QQQ short in the AH. Schwab would not accept my order to sell QQQ just after 16:00 even though this ticker trades until 16:15 - they really are poor! I had to wait till their extended service started at 16:05. Decided to cover because I already have large exposure to a bounce thru my MU puts. MU closed pretty much at the days low (u can't derive any usefulness from the last minute of trading on this stock) and I think this will breach, even if the indices bounce.