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Technology Stocks : Stock Swap

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To: Trader X who wrote (9641)11/14/1997 1:32:00 PM
From: Patrick Slevin  Read Replies (1) of 17305
 
Relax. The kid have insomnia again?

The entire discussion of bear and bull markets is pretty much anathema to me. I just glanced at the post and posted 'off the cuff' back. I still have not looked at any charts to 'interpret' what was the deal since 1929.....as I've been saying, T/A can make anything fit.

Personally I only use it 'when all else fails'. Like today, I grabbed some 890 calls at 7.75 and could not reckon where to sell 'em. So I waited for the spoo market to get just under the series of declining tops and got 10.75

Was I right? I did not think so at the time.....they did go higher, bidding 11. But it was a plan...and I used a form of T/A to exit.

Normally, if it came down to a choice between a discussion of T/A and raking the leaves, I'd hire a gardener, give the other guy your web address, kick the cat, and go play golf.

Friends again?
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