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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (78710)10/18/2002 2:18:16 AM
From: SirRealist  Respond to of 208838
 
ITWO had a closing low a few days ago at .43, which was more than 95% off the year's high. I know its fundies suck but shorts have been buying most anything that's 80% or more from their peaks. So I tacked on 50% and figured it could run to .64.

I knew it might run higher, but I set a sell at .62 to be sure I got a fill after buying yesterday at .48, and it triggered while I was outa the office. Sweet indeed; and my best gain of this rally. Kinda funny too, because I'd just swept almost all my under 50-centers off my screener.

Let's just say it covered lunch for the next year or so.... <GG>

Gotta focus on next week's earnings now....