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Strategies & Market Trends : Aardvark Adventures -- Ignore unavailable to you. Want to Upgrade?

To: jmiller099 who wrote (695)	10/13/2004 7:10:21 PM
From: ~digs	Respond to of 7944

UTSI ... I used to like this stock given its China connection, and though the insider buying is encouraging, that big gap-down back in July is enough for me to stay away from any swing trade in this stock for quite some time ... you just never know when it might begin to completely unravel ... and the volume associated with that selloff indicates to me that it's not entirely out of the question combine that w/ the fact that all the major indices had another big red volume stick for today... and there is sufficient cause to stay away from the vast majority of telco issues that tradermike blog is a good one ... I once confused him w/ the tradermike here on SI ... eventually I learned that they are not the same person... lol thx for the idea... i will be watching regardless of my stated opinion

To: jmiller099 who wrote (695)	10/19/2004 10:29:13 AM
From: jmiller099	Read Replies (1) \| Respond to of 7944

UTSI Update Not in line with the 10% gainer list, but calling attention to current mode of thinking. The Oct Calls would have been garbage-ish. The November ones were expensive as they are still at the same price even with the stock up 5%. At this time if the stock had been purchased a T-Stop market order would be adjusted upwards today, but i err towards conservation and am early out of a lot of winning trades. Question: Do you play options in your mix? It is interesting and adds a kind of dynamic to the game. Sometimes they get out of sync heavily with a chart pattern and you can pull 100-200% if it is near-the-money at the time. This would compare to a 6% move on the stock. That is not to say that I would put in the same dollar amount into options as into the stock, but the upside is that if it goes against you heavily you limited exposure.