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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (21009)4/14/1999 1:00:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
I thought you were a Position guy.....but then I'm easily confused.

Dumped 40% of my Xoom the other day; I tend to sell enough stock after a run-up to cover my Basis. My Basis was $35 so selling off ~40% in the 90s leaves me risk free. Worked real well with Rambus, I have to thank you for telling me where it was last Thanksgiving....dumped half then and the stock has been relatively underwater ever since.

Been lucky this week; made my weekly target mid-day yesterday so I'm just on slow idle with the occasional trade. How about you, buying up all the Internet Calls you can?

By the way, I have to re- up to that guy Gene Inger. I'm told he picked a $4 stock 3 weeks ago that went to $62 within 7 or 8 days. I have no idea where it is now but that kind of trade holds my interest.