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Re: Nocona post# 30658

Wednesday, 05/17/2006 9:18:18 AM

Wednesday, May 17, 2006 9:18:18 AM

Post# of 79026
VTO Modified

Nocona, this is setting up like one of the VTO Modified trades that will be sold at a loss. Given the fact that the Nasdaq Summation Index is dropping 60 points a day, I can't say that I am surprised.

However, this also is a classic example of buying low (and hopefully selling high one day). I did my three-part purchase. Now, I am contemplating additions buys. I passed on yesterday. I am thinking about buying today given the week futures market. I may continue to buy down, skipping every other day as we work our way down.

Any thoughts on what I wrote above, or would you just hang tough with the three positions and leave it at that? Many thanks for your thoughts.

Good luck to you today.

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