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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: BANCHEE who wrote (3785)1/11/1999 12:17:00 PM
From: MMK  Read Replies (3) | Respond to of 56535
 
All: Trading tale

WHEW! What a morning!

Account 1- Had a 30 mental stop on DBCC, so when it hit 31.5, I headed for the trading station. As soon as I sold, it proceeded upwards due to Maria B comments. Still smiling as I had a 50% gain.
Bought NAVR at 15 7/8 and am planning on keepng that for a bit. Still holding CYCH, ECHO, NAVR and yes....ASCT.

Account 2- IRA- Sold NAVR at 14.5 for a 4.5 gain. Sold another stock for an "all cash" account. Put in limit at 36 for DBCC. It had sailed right by that, so I decided not to chase. Already had my $ from it-so be happy. Decided to pick up more NAVR so put in order. When I went back to status, I saw I had forgot about DBCC limit and 500 shares of a 640 order had been filled-OOPS! Put cancel on remaining shares and sold the 500-at a profit I might add. The NAVR order filled immediately. As I'm switching screens in panic mode, it freezes up! Call Schwab and find I will be on a 90 day cash only restriction. Doesn't matter because it is an IRA anyway and have to have cash available. NOw have more NAVR at 15 (remember I sold at 14.5) I think this stock may be the death of me. I've bought and sold it so many times, I should just get shares for free.

Now, things have settled down as well as my heart. Got my new computer-a 20" screen (supposed to get 19 but they screwed up-oh, darn) It is FUN and my modem is so much faster.

Hope everyone is "in the money" today-MMK