Trade What You See, Not What You Think Message Board

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Strategies & Market Trends : Trade What You See, Not What You Think

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To: Sharck who wrote (664)	6/23/2001 2:59:18 PM
From: Threei	Read Replies (2) of 867

Contest? Out trade anyone? LOL, sorry, not looking to prove anything to anyone. We just trade. About XOMA: we do know why we bought it. We did because there was long setup that works with high probability. here is what I said in a course of seminar: [12:57] <Threei> We traded XOMA yesterday on the long side [12:57] <Threei> as stock was apparently going through slow accumulation [12:57] <Threei> with steady volume. [12:58] <Threei> Who was buying it? [12:58] <Threei> Why? [12:58] <Threei> No slightest idea. That was answer to question about reasons for trading and point I was making: we care for price movement matching to certain criteria and don't care for original reasons of the movement. While I do not negate any other approach, nobody could possibly say ours doesn't have it's place, right? Good trading, Vadym

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