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Well things didn't work out the way I planned so I didn't take a
position in DELL.
My plan was to cover NWAC at the open but with a gap up forget that. And
AMAT also ended opening higher as well.
Since the strike at NWAC ended, the stock opened up at 30 1/4. Up 4 pts.
plus. And I had taken another position in AMAT yesterday at 23 7/8 for a
total of two hundred shares. So the draw down on my small account didn't
make me feel comfortable going into DELL even though I had the buying
power..
AMAT traded as high as 25 1/4 but is now around and below 24 1/2. With
the earnings news out on NWAC I am not going to worry about it so much
and might leave NWAC in over the weekend or take a little off the table.
It is now trading around 27 1/4 which would give me about $150 and leave
me 100 shares left in the market. I'll wait till the end of the day to
decide on NWAC.
So far not a bad day but not a good day either. As I type NWAC looks
like it might break below 27. That would be a good sign.
Well this has been a fun week for me in the market.
Harley
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