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Strategies & Market Trends : Tech Stock Options
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To: the options strategist who wrote (48724)7/28/1998 1:23:00 PM
From: Mark Z  Read Replies (3) of 58727
 
Check out:

Message 4734601

For LastShadow's basic Gap Strategy. I'm real dumb when it comes to TA (and this isn't really TA) but I paper traded his strategy for a few weeks and 90+% of the time it worked with high volume stocks (e.g. DELL, MSFT, CSCO and even GTW, SCH, PSFT and some of the internets). Since that point its worked very consistently for me when I've traded it. Its even worked when I didn't trade it <g>. Very simple to do especially if you have an alarm system w/your quotes. The hard part is knowing when to get out. I've left a lot of money on the table but better that than losing my gains.
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