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Strategies & Market Trends : LastShadow's Position Trading

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To: Jeff Jordan who wrote (18270)7/29/1999 6:19:00 PM
From: Dave Shares  Read Replies (1) of 43080
 
Jeff,

I'm surprised you're not trading CSCO. Has been holding support at 61, and earnings on 8/10. Thought it would be your kind of play.
A great trader like you could be making a killing on it, just look at the intraday charts.

I looked at MRBA on the Point and Figure charts. If it prints 29 tomorrow without printing 25, it will have reversed off its bottom on its chart.

HOOV is now below its opening price, that is not a good sign, but if it prints 14 tomorrow, the momo crowd might jump on. I have no position, but thought I'd mention it.

Well, I'm getting ready to finish packing for a week on the beach.
Best of luck to you and everyone here.

David
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