News Focus
News Focus
icon url

Zeev Hed

10/17/02 5:31 PM

#36321 RE: Captain_Jack #36272

A profit is a profit, did you ride it from $56.5 after taking the minor loss at $60? If you did, it demonstrate the technique of cutting losses buying back lower (more shares) and then taking the pound of flesh from the specialist (g).

Zeev

icon url

Captain_Jack

10/17/02 8:34 PM

#36367 RE: Captain_Jack #36272

No Zeeve-- just bought ibm around the 4th for a swing. Still holding hd from the same date. Took the profits here on ibm-- 24.8%, even though maybe a bit early-- did the same with wpo @ 16%. MAS was bought Mon-- s/l in and ready to bail it for around $1 3/4. 1st limit there was 18.68, 2nd was @ 18.5 (PWJ ececuted that one @ 18.46) and the last to go off was 18.39. S/L is in @ 2.09 but broker will raise it if it continues to rise tomorrow as I'm out of town. Closed up and have rode it for 2 days. Rarely nimble enough to day trade but play the swings. Now waiting for brkb to drop a couple hundred and wpo to drop $50 or more as those are my favorites. If the M-funds would do as well ..............................