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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: GTC Trader who wrote (2646)11/1/2001 9:39:45 PM
From: Zeev Hed  Read Replies (1) | Respond to of 99280
 
I am still holding MAGS, one of the reasons is that one is a counter trender, it may very well go up when the market goes down (Remember, on the first day after the September disaster, it doubled while the market tanked). In any event, I have the bottom of the box at $8.50 and the top at $11, the next box is from about $10.5 to $13.5, and I am waiting for a close above $11 to indicate a new move. I'll be stopped out on a closing breach under $8.5. When I got in ($10.90)I thought I was getting in at the bottom of the "top" box", I was wrong.

Zeev



To: GTC Trader who wrote (2646)11/1/2001 9:43:55 PM
From: Craig Lacy  Read Replies (1) | Respond to of 99280
 
OT:Wash Rule: IRA's

Can you avoid the 30 day wash rule by moving stock to your IRA then back again to the trading account after 30 days?

nwsailor