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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (49860)8/13/1998 11:41:00 PM
From: the options strategist  Read Replies (1) of 58727
 
Lisa, dibbled in aapl wed using the gap theory. Forgot I was to wait for an uptick from the previous day's high and was filled on the day's high. As soon as I bot, which was the day's high, it started going down. stopped out at a loss today (tight stops especially on days like today) and I'm sure it will go up tomorrow.

Anyway the gap theory, if it had been used as Shawdow meant it to be, could have saved me from that one. One more lesson to add to the book of lessons. Luckily it was a small position.
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