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Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?

To: Robert O who wrote (1153)7/12/2002 12:21:04 PM
From: Return to Sender  Read Replies (1) | Respond to of 13403
 
OT: SLAB stop at 28.38 - I don't mind losing 5% for a potential 15% gain going the other way. Sadly I am tempted to add more shares to the short position if they can move it that high. I know that flies in the face of conventional wisdom.

Past moves higher for SLAB tend to run out after three or four trading sessions with a spike higher the AM of the third or fourth day. This is why I have only started with 1000 shares.

stockcharts.com[h,a]daclyyay[pb50,200!d20,2][vc60][iUb14!Uk14!La12,26,9]&pref=G

This is a swing trade, not a day trade, unless it falls quickly this afternoon.

RtS



To: Robert O who wrote (1153)7/12/2002 2:35:02 PM
From: Return to Sender  Read Replies (1) | Respond to of 13403
 
SLAB SC 1000 shares @ 26.81 - $210 win. They won't let it drop today. I look for a gap open higher on Monday. I will reshort then.

Thanks Sarmad and Robert O for your input.

A win is a win. Invest each dollar like it was my last from now on. Oh right now it is dropping like a stone.

RtS


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