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

To: terri acey who wrote (2330)	9/26/1998 11:17:00 AM
From: AugustWest	Respond to of 7247

That agreement is what finally prompted me to dabble with some DELL- long term there for me. The XCIT situation, I'm not worried about. I would have been out close to the highs on Thursday if my online broker was working. As it was, I got out at 39.5. That's fine. 11+ pts. for 2 days work. I have traded the SEs for almost 2 years now, and XCIT is my favorite. The volatility is just too easy at times. However, every time I do sell, part of me says I'll never get in again(that's what happened to me with YHOO- haven't traded that in over a year, just kept flying). But alas, between the other three, there is ample opportunity for fast, easy money. My guess is that XCIT will come back to around 26 or so, and I'll do it again- but that's what I said last Jan(pre split) when I sold my 22s at 32 before going to Fla. for a week. Never looked back. But pull backs work good to.