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


To: LastShadow who wrote (1853)10/30/1998 12:01:00 AM
From: Dave Shares  Read Replies (2) | Respond to of 43080
 
CTAL, ANTC, stops

I'm probably the only fool who waited for ANTC to break past its open to buy it. Hope it continues, as I certainly could have paid less for it.

If you look at the quote.com chart for CTAL today, you'll get a great view of my stop at 17 1/4 being taken out this afternoon. I was in at 16 1/8 a day or two ago, so it's not like I lost anything, but I'm not very happy about it, as I was thinking of exiting earlier when it was around 18.

Oh well.

Still long ICN with a loss stop in place. At least it is a NYSE stock.

David



To: LastShadow who wrote (1853)10/30/1998 9:47:00 AM
From: SpecialK  Read Replies (1) | Respond to of 43080
 
Thanks Scott.

Unfortunately or fortunately, I have not invested money in all picks DELL, CCI, GE, IBM, except for COMS. The contest started Oct 1st.

I say fortunately, because I see your post last week of the returns of your watchlist from that Oct 8 lowpoint, the average return was 27%, if I remember right. Well my returns, I measure from September 16 have been 52%. I have more volatility due to margin exposure, so on that cold day Oct 8, my account was severely hurt, owning CPWR at 38, bought at 50. it rebounded and then I moved on to other stocks, like TLAB, XYLN, COMS, CIEN being my favorites. Probably from the lowpoint, I am up 100%+.

I am certainly happy with this performance but it is after suffering some in the slow falling from July and August. Perhaps the high volatility has more benefits. Well anyway, good luck and thanks for the encouragement. I really like the thread.

Ketan