Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Jorj X Mckie who wrote (44783)	7/10/2000 5:19:17 PM
From: Lost1	Read Replies (2) of 63513

We look at all triangles with a pos RS..then we toss out the sleepy ones or those with low vol, usually those under 250,000 get tossed but sometimes we allow a SLNK in because he's so well hung..then we pick entrance prices..stops..etc. We try and enter just above the last row of x's to limit losses. We dont want much....just a perfect entry....and we've gotten it on most of them<g> We do triangles due to their unusually sweet aroma, er I mean the tendency in this MKT for them to POP..hopefully after we get filled. We've missed a couple that have ROCKETED because we wanted them cheaper..NUAN comes to mind. It sucks, but we play the numbers and overall we're in good shape. We lose some to stops but others are lining up to take their places on those sell-off days when stops are triggered. NO entrances with a big downside no matter what the PO, etc GLoop is nothing without me..he's wearing my ring

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