News Focus
News Focus
Followers 1062
Posts 44342
Boards Moderated 3
Alias Born 07/07/2002

Re: MarketTurmoil post# 185126

Tuesday, 12/23/2003 11:20:04 AM

Tuesday, December 23, 2003 11:20:04 AM

Post# of 704041
The trick here is how to play it, it surely is going to have a major retrench to the bottom of the box (around $16, and probably an excursion under). I already made one mistake thinking that $17 will serve as a minor barrier and had to rush back in once the big ask at $16.98 was exhausted. It retreated barely two dimes from there. I just sold it again here at $17.38 for just $.38. But fear that I'll have to jump back in if $17.50 is taken...

By the way in Post #msg-1990506 I had a typing error, the n error, the $33.65 was what was paid for IACI, BRCM was bought at $34.25. Sorry for that. Still waiting for a better price on JCOM to complete the Q.



AZH

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today