Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: chainik who wrote (25881)	1/23/2003 9:46:14 PM
From: Justa Werkenstiff	Read Replies (2) \| Respond to of 30712

Chainik: I covered a majority of my shorts on Tuesday's close. I wanted to hold them but the down trajectory and the bounce probability surprised me. So far, it has worked out. I did not start to whack them again until QQQ $25.80 today. Plan to whack tomorrow and probably take my full load back on again, market willing. Any whack above QQQ $26 is a very good deal. Have no idea if we get that high. I had a nominal target of $25.90 going into today and I was 6 cents short. I don't know how they play next week. You have the Fed. meeting, the UN report and Bushman's State of the Union address all bunched up. Sell the news? Rally into the news? Flat into the news? I don't know and so I am sticking to targets and trying to be disciplined.