Sorry for taking so long to get back to you but, I had to go out and make some money this morning by actually working,..... jeesh this working for a living is getting old.....
My channel that I have outlined in my own trading strategy is .32- .40, making my low channel .30-.315 depending on the volume and my high side of the channel at .41-.425. I currently have a small buy at .305 for 4K shares and a sell at .425 for of 5K shares. My core position is full and my short term CPS is .202. All orders are GTC, REG & EXT Hrs on TD Ameritrade. This will be my trading plan until something different causes me to adjust it. Floating up or down is all we're going to do until good or bad news, takes us out of this channel... Neither order has been executed regardless of the AH BS at .29 that we saw yesterday. I thought my buy would have activated yesterday but wasn't around all day and found it still waiting when I got home.
What happened today with Well / Wachovia is what I suggested would happen if pre announcements announcements take lousey expectations and beat them with surprises and good forcasts. Liberty's upgrade today didn't hurt Sirius Xm either, even though it is the financing of SXM's debt that was partially responsible for Liberty's good fortune....