LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Jeff Jordan who wrote (15788)	6/18/1999 9:07:00 AM
From: Susan Saline	Read Replies (4) of 43080

watch list ... and chat ... to jeff and kendall Jeff ... am glad you are posting on this thread .. you are a good trader ... and have honest and forthright opinions ... the CPQ fiasco ... your input was greatly valued from me. It is very helpful to all ... to hear the good and the bad thoughts ... otherwise a thread just becomes a rah rah thread. now ... airlines ... I follow them closely for several years. They tend to bounce up/off support Many are right on the support lines. I usually play LUV and U ... sometimes TWA (but am leery of TWA due to PAAN) These are the ones I follow ... DAL UAL U LUV NWAC U is my first choice because the 2 week trading range is about 5 dollars, whereas LUV 2 week trading range is 3 dollars. UAL for leadership ... see the similarities between UAL and U worth a watch over the next couple trading days ... for turn to kendall ... you like bottom fishing the divers for a dead cat bounce ... right? I enjoy trading them also ... but have discovered that the more "name brand" they are .. the better the chance of that bounce. Today G to take a fall ... chart shows buying opportunity at 44 ... if it manages to fall that far ... could be good for a couple bucks intraday. Fri Jun18 G Alert: Gillette Co Falls to 43-7/8 From 47-5/16 on Instinet - Reuters Securities Fri Jun 18 G US stocks seen higher though Gillette disappoints - Reuters Securities and now, trends ... as Jeff pointed out last Thursday ... are we buyers on Friday? or not? during the 1st quarter of this year ... Mondays have been excellent gappa's ... now for the last few trading ... Mondays ... have been pretty poor ... is this the beginning of a Monday trend change? something to think about and have a heads up on. Have a great day all ... I have a one ton of slate sitting on my back deck ... slag sand in a nearby pile ... all, awaiting my installation of a new patio off the back deck. A good thing ... since I have pulled all the weeds and there is narry a one in sight. Sue

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