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Technology Stocks : Advanced Fibre (AFCI) ** IPO -- Ignore unavailable to you. Want to Upgrade?


To: Spaw who wrote (1219)11/16/1998 2:03:00 PM
From: E_K_S  Read Replies (1) | Respond to of 3299
 
Pulled my order @ $9 7/16 and put it back in at $9 1/8. It could fill the gap at $8 9/16 but I do not want to miss it on this run down.

Will be selling December covered calls on a portion of this buy if we get a snap back to $10 1/2 range before Friday.

The key to a good Day trade is to buy in at the correct price. With AFCI I always seem to buy a bit too early (ie. 30 min). Notice that the 5 min volume is quite high last 60 min... It will be interesting to see where it eventually finds support.

EKS