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Strategies & Market Trends : TA setups-ex th traders
DIA 479.78-0.5%4:00 PM EST

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To: cthruu who wrote (5194)1/6/2005 10:35:15 AM
From: gypsees  Read Replies (1) of 7682
 
Congrats on a great EBAY call Cthruu! I have a question.. How did you know to buy puts? It hadn't broken its uptrend line till today and the pullback could have been just a normal pullback in an uptrend??

Another question.. I would like to hear other's strategies when they are caught in a gap down/long - gap up/short? I went long SYMC yesterday near what I thought would be a decent support area. It got hit by a downgrade pre-market and I am getting whacked. I don't have a really good strategy to deal with this type scenario but don't like to do anything in a panic. As it turns out, I would have been better off to sell pre-market!

Looks like you guys are making some good trades to start the new year. Congrats!!

Robyn
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