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Pastimes : CNBC-Squawk Box Trading -- Ignore unavailable to you. Want to Upgrade?


To: fooledalot who wrote (1777)2/24/1999 4:06:00 PM
From: changedmyname  Read Replies (2) | Respond to of 2782
 
Yeah, I doubt any of the few left here who trade Squawk plays decided to buy EMC... CNBC trades don't work like they used to, and now they provide the opportunity to short rather than go long. What I have found with EMC is to buy it when the futures are at the absolute worst (lock limit down 27) and the market looks to go to hell... so I place an order to buy, and when the market opens, the stock opens down 4 or 5 and I get what is almost the low of the day. Works like a charm, and is an easy trade. Won't do much on the interview except sell off when its over (providing it is on during the market hours)

We'll see, I'm holding what I got, and the market will probably be weaker tomorrow.

Regards,
Jason