LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (410)	9/16/1998 12:37:00 PM
From: Susan Saline	of 43080

NSCP and the net stocks took off flying about an hour ago I have day traded NSCP in the past ... only to accumulate losses. Have been following the chart during the correction ... waiting for a good entry. I entered yesterday ... on a low volume ... little selling ... flat chart day. Current entry at 21 7/16 This one I plan to hold for several weeks Market sentiment is slowly changing ... traders are getting their confidence back Now that I have cleared a safe distance from my entry point, I have put a stop loss on NSCP at 21.75 ... a just in case saver ... just above my buy in point. Clearing the buy price .. is the hardest thing to do when making entry ... in effect .... you are doing a daily bottom fishing ... Sue

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