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

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To: Robert Graham who wrote (3069)7/31/1997 1:31:00 PM
From: sean sanders   of 42787
 
Bob,

answering some of your questions...

B: When you entered the stock, what was the objective?

S: To make money and to learn from my success or failure.

B: What reasons did you have in entering this stock?

S: The main reason was to 'get in on the continuation after the flag was formed last week'... figured the stock would at least go to the extent of the previous "flag pole"

B: Short term or longer term trade?

S: I was looking short term 1 week, but if T.A. advised... I might stay longer... ie... re-eval at 14-14.5

B: What plan did you outline for yourself which includes when to exit the stock?

S: Basically do a re-eval at 14-14.5 range(if it reached this)... if T.A. started to look bad or If the stock dropped from my entry 5-8% then exit no matter what T.A. said.

B: Was their any change in the fundamentals or relatively recent press that caused this breakout back a couple weeks ago?

S: No idea... Havn't really delved into the F.A. aspect of trading yet :)

Thank you for your comments also Bob...

Sean Sanders
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