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Strategies & Market Trends : Tech Stock Options
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To: donald sew who wrote (35438)2/24/1998 12:41:00 PM
From: Patrick Slevin  Read Replies (1) of 58727
 
This zig-zag worked for me, in the oddest sense.

I was short contracts early, covered half for a gain, put in a stop near where I sold them.

Then as the market rallied I covered the short. But the market moved so fast I was taken long before I could cancel the stop order.

Weird, I accidentally made money both ways without trying to. How often does that happen?

I think God is telling me to take the afternoon off, even though I sense the lows are not in for today yet. If you are looking for the end of the week to give you an entry on the long side it would be nice if it started getting weak this afternoon, no?

Then of course we have the eclipse coming up. If we can foul up market theory with a Full Moon imagine what we can do with a Solar Eclipse!!
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