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Strategies & Market Trends : Tech Stock Options
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To: SE who wrote (47410)7/8/1998 2:31:00 PM
From: Patrick Slevin  Read Replies (1) of 58727
 
You have to recall that when I put the trade on the 8 was crossing the 34 downwards. TCIK was mildly negative----has not done anything extreme all day----PREM was moderate. I guess I should have bailed when it stopped flat on the 55 but I was looking past that.

Actually, it did piece it and touch 69 but came right back up.

The shorter bars then tried to tell me I was incorrect by putting in higher lows and it was a matter of time before they started with higher highs so I exited. Besides, the other indicators had reversed by then....the 34 never really tilted south, the 8 tilted north and the 55 was unaffected.

And so on. So I shut down and I'm waiting for another shot.
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