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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: BillyG who wrote (29714)2/19/1998 11:53:00 PM
From: Rarebird  Respond to of 50808
 
Billy, if you go into the Clubhouse and read my posts you will see what my short term trading strategy was in regard to Intel. I placed a buy limit order at 90.25 as soon as I sold my stake at $88.625. My rationale was purely technical: A decisive break over 90 would lead to a challenge of the old highs fairly quickly.



To: BillyG who wrote (29714)2/20/1998 12:39:00 AM
From: Rarebird  Read Replies (1) | Respond to of 50808
 
Billy, you bet I know how to bleed and suffer. If you remember, I was long Cube when she pre-announced last May. I bought more last June when everyone was howling and waited for her to melt for me, which, of course, she did! I expect to go long Cube this Summer. The last leg down will be over in the second quarter. I think Cube will probably churn here for a while and make a few more futile attempts to break $22.5. I don't see it happenning. If it does, I'll short some more at $25 ( the order is already in ). This last leg down will take Cube off the shorts radar screen. We will move on to other prey and Cube will finally get to breath.