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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: dennis michael patterson who wrote (3462)3/20/2001 10:25:14 AM
From: Michael Watkins  Read Replies (1) of 52237
 
Dennis - having said that, I couldn't help but sell this last poke above yesterday's range. Its a valid setup for me so I took the trade.

With only a 1 point (50$ per contract) risk, its worth it to me. Ok, now in the money so stops to break even and I will just let it run for a bit. If the rest of what I said earlier holds true, this won't be much of a trade, possibly even just range bound. I half expect part of yesterday afternoons gain to be retraced prior to the announcement, but just guessing.

EDIT: I see TRIN is generally up on both exchange.
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