It was much easier last Friday when I mentioned more than once I intend to go with the bu$$ over the weekend, then the stops could have been put just under $17.5, why did you not move prior to today's big move? (see #msg-1532346).Other people mentioned the SC court will probably not review Infineon appeal request. I can say "what I am going to do", "do what I am said I am going to do" but I can't force anyone to do the same....
Tomorrow toward noon, (if I don't get my ROB (real outrageous bid) around $22), I'll look at it again, my best bet is that the market open higher and that the bu$$ open higher as well. If that happens, it could go straight to $30 before turning back. This is a bet, and I am not a betting man where my funds are concerned, so I did not stay with it overnight. I can always make back the $4 or so I may leave on the table (one reason I worked hard today to make up such a possible gap...) in the $25/$30 box, or even in the broad $20/$30 box if such a box evolves.... What you do depends a lot on your taste for risk and your ability to change position if the market goes against you. Right now (and that can change on a dime) the future looks pretty good for the bu$$.
Oh, and if you do get in between $25 and $26,5 on the bu$$, today's it seemed to have built support in the $24.45 to $24.75, so use a stop accordingly....I believe that if $24.45 is taken, it could rapidly retrace to the $20.5 to $22 area.
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