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Strategies & Market Trends : Tech Stock Options
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To: Tom Trader who wrote (41493)4/27/1998 12:44:00 PM
From: Patrick Slevin  Read Replies (1) of 58727
 
Excellent trade. Will you put a sell stop below the 50 dma to try to catch that part of the swing or just stay flat and wait?

I have the 50 dma at about 1079. So our data is in sync.

The bond is now starting to threaten the low end of the range. 1083 could happen very quickly in this market, even from here at 1091.60

Hope you get taken out, as a sharp selloff would surely bounce quickly.
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