MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 685.66

+0.2%

Dec 5 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Patrice Gigahurtz who wrote (83280)	7/5/2002 1:27:12 PM
From: Tom Pulley	Read Replies (1) of 99985

good question....BTW: Why Monday and not tomorrow ? ... Actually I meant at the next open, but just the strange way my brain works....since we had a holiday Thursday, for some reason I typed Monday instead of Friday. Fortunately you can't specify a day for buy orders so I bought on the open this morning as I actually intended. Now, if we can get this market up over 1485 or even better a close over 1500 we'll be into a rally. Until we we get there, I'll be holding my breath. And to answer you question, I do use stops on individual stocks. On the QQQ, I go by my timing model without stops as it's performance works best without using stops. That's not to say each trade is profitable, but just that for some reason stops don't work in conjunction with the model. As far as selling puts, I know people who say they have done well doing that, but I haven't tried that approach. OK mr. market, I'm in so you can head north now!!!! Tom

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next