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


To: Zeev Hed who wrote (24951)8/21/2001 4:00:11 PM
From: Steve Lee  Read Replies (3) | Respond to of 30051
 
Sold some of those mU puts just now at 5.60

Still holding most of them - just wanted to make sure I took some profit. Will reload if B2B bounces it a little tomorrow.



To: Zeev Hed who wrote (24951)8/21/2001 4:08:16 PM
From: hotlinktuna  Read Replies (1) | Respond to of 30051
 
Zeev...I guess I did think we'd bounce 10-15 points off the low of the day on the nasdaq....but NOPE! PDII never re-opened and it doesn't look good unfortunately...I misread the PR originally thinking it was positive but not so...hope you'll make it up on the others...tuna



To: Zeev Hed who wrote (24951)8/21/2001 4:09:58 PM
From: Math Junkie  Read Replies (1) | Respond to of 30051
 
This Fed announcement sure was a non-news news release. It's hard to figure out what in the world investors were hoping the Fed would say that would indicate happy times are here again while still being believable.

One thing for sure, those of you who were predicting a post-Fed selloff are really looking like geniuses right now. Thanks to you, I sold my QQQ and some covered calls just in time.



To: Zeev Hed who wrote (24951)8/21/2001 4:10:21 PM
From: U.B. Green  Respond to of 30051
 
No doubt, Zeev. None whatsoever. However, you have been known to change your mind. <gg> Soooo, my routine is to "stay tuned" and be ready.

Congratulations,
Bernie