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Technology Stocks : American Power Conversion -- Ignore unavailable to you. Want to Upgrade?


To: Turs who wrote (2047)8/30/1998 4:31:00 AM
From: Paul M. Rengier  Read Replies (1) | Respond to of 2574
 
Fact is, we are heading south. The chart made me expect a pull back to 28 or a break to the upside, so I covered my shares with a cheap sept 30 put @ 3/8. Even if it doesn't protect my gains, it will save me from experiencing a loss.

I see a technical bounce on monday, because everything is extremely oversold, but that won't last. Sell into strength on monday or go short!

Best regards

Paul