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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (1436)9/11/1998 6:44:00 AM
From: Mark C  Respond to of 7247
 
I like the idea of buying DELL but I don't want to pay a premium for it when the market opens. With the world markets down and the S&P futures down it seems to me that we will have a hightech rally at the open that will not be able sustain itself so the buying should wait until 11:30am pst. I say 11:30 because last Friday the market rallied in the last hour of trading.
I bought MER at 53 15/16 yesterday and I was thinking of dumping it at the open, as long as I have a profit, and buying it back later in the day.
I bought ORCL yesterday for 22 and I plan on selling that at the open as well.
Your thoughts?



To: Tim Luke who wrote (1436)9/11/1998 8:36:00 AM
From: Dave Shares  Respond to of 7247
 
Tim,

If you wouldn't mind adding a pick of mine to the list, very beaten down, may be ready for a good bounce for a few days, who knows,

SKYW 14 13/16

David

p.s. I guess the Northwest settlement could make this go either way, but I know I'll be watching this one.



To: Tim Luke who wrote (1436)9/11/1998 10:18:00 AM
From: Jane4IceCream  Read Replies (1) | Respond to of 7247
 
Tim!!

I NEVER suggested NOVL....not in this life at least.

I was merely addressing a poster and wishing him the best!

My pick (had it been in a timely manner) would have been DELL.

Jane!!!