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Strategies & Market Trends : NetCurrents NTCS

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To: shortilong who wrote (8476)1/24/2002 5:12:28 PM
From: in2tech  Read Replies (3) of 8925
 
Hello board,

I carried orcl over night from 16.60ish and sold from 17.15 to 17.60. Then I set a buy stop at 17.32. at noon it failed 17.28 and I went short adding as it slowly ground down to 17.14 where I became convinced it would see 17.04
got stuck in the short covered all the way back up to 17.32 where my long was triggered then we dove without touching base at 17.25. completely frustrated I went long at 17.22 (wrong!) and then we slipped back to 17.12 and well... I'm on the way to the newbie, daytrader chiropractor... (hope they take Master Card).

Now my question is does orcl look like it can move past 17.30? or is it out of gas and headed down to fill some of those gaps from yesterday?

Any replies appreciated!

What a day. I think I'll stick to morning sessions for awhile and I have got to reduce my share size as well as put a stop to my propensity to over trade.
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