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Strategies & Market Trends : Classic TA Workplace

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To: Shaw who wrote (489)4/20/2001 11:56:42 AM
From: AllansAlias  Read Replies (2) of 209892
 
Friends, put a fork in it. I think we *may* have nailed this one. Congrat's to everybody who is currently profiting from this down. (JRI played it nicely aggressively I thought, as suits his take no prisoners style. -g)

Trail 'er with stops in case the boyz get cute.

My stops are now at Blended and near Import levels respectively. If they fight this down, they can take me out for a ncie profit. I won't be a hero with slack stops.

My downside target is still a ways off -- COMPX 2108 or so I think.

Upside, if they can push this thing above COMPX 2152, then I'd worry for any outstanding shorts. (I would get taken out with my stops before we got to that level.)
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