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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (30420)12/5/1997 9:30:00 AM
From: Tom Trader  Read Replies (1) of 58727
 
>>Ice Man....where do we go today

Posted that to you already--I guess our posts crossed each other

>>Have you read Ike's post?
Hmmm what say you about this idea that these strong numbers are good and we are headed to 992...or am I reading his posts wrong?<<

I still scan thru his posts on trading but don't really pay a whole lot of attention to his support and resistance levels because they seem to be rather fluid (being kind) and his view on key levels that he posts seem to go by the wayside when they are reached -- not sure why he does that. Like the day that he posted that he was going to go long the futures at 953 and exit at 948 if stopped out--both levels were hit-- and later he posted that he did not do that because the levels were not hit by a certain time of the day--which was a whole new factor since he did not say anything about times in his original post. I guess for some one who is as rules-oriented as I am when it comes to trading, the type of trading plans that Ike posts are less than helpful.

I still read his macro-economic views--because he knows what he is talking about--though I do need to factor out his bullish bias.
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