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Strategies & Market Trends : WELCOME TO THE CATHOUSE

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To: Alski who wrote (140)9/1/1999 3:24:00 PM
From: ivan solotaroff  Read Replies (1) of 1065
 
PETM

Alski,

"What's it take to lose the lock and pull the trigger?"
All it takes to "lose the lock" is for the bid to close two ticks above the low for the day. Everything else is a fait accompli.
All it takes to "pull the trigger" are a) those two spherical objects, the "Alski-palskis," and b) a slightly friendly broker whom you can be assured of getting a trade in with at some point in the last three minutes of the day. The bid's now sitting a mere 1/8th above the low, so if you see it drop ANY lower (I mean 1/32nd lower) by 3:57, the deal's off.
Hope that helps. And I'll be posting like mad right around the time too.

Ivan
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