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Strategies & Market Trends : Trading DiNapoli Levels

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To: Craig who wrote (7)1/30/1998 12:56:00 PM
From: Craig   of 15
 
Did not go away, just busy. Had a classic Double Repo short on ABTX over the past week. Could not have been more textbook, IMHO. Blew past the .382 retracement, but fell short of .618. I covered between the two since the thrust down was so fast and hard. The logic in LPOs. About 20% return for the month. Not bad for a first shot at this trading method. I'm happy.

Updated:
2 shorts - min. loss (1 was a misreading on my part)
1 short - excellent return
1 long - moderate loss
1 long - excellent return
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