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


To: Logain Ablar who wrote (29071)9/28/2001 2:07:53 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
I don't think we are ready for a melt up today, we may actually be selling a little off here for another hour or so, then I expect some serious short covering startin around 3:00 PM, I am trying to reposition myself t some discounts (so far, IART simply continued further down despite the deep discount <g>, but MU seems to retreat in an "orderly fashion, so i got back in here at $18.36 for $.64 discount. I also got back into QLGC here at $18.73 roughly $6 discount. pretty well "fully loaded". Bt CHKP I had to pay a premium, got in at $21.88 for $.21 premium, c'est la vie...I forgot to mention that I got back into IMCL at $56.40, a nice $1.80 discount, if it does not continue back down as IART and IDPH seems to want to do (g).

Zeev