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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 694.07-0.2%Jan 29 4:00 PM EST

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To: j g cordes who wrote (17636)8/18/1998 3:15:00 PM
From: Johnny Canuck  Read Replies (1) of 70235
 
Jim,

>>Yesterday I went long TAVA at 5 1/2 and just
>>sold it at 6 15/16ths... also just
>>bought a very risky knife,
>>PFG at 5 5/16ths for a bounce. Bought
>>GLM calls (Global Marine)... and a Japan
>>bank's calls.

Nice job on TAVA. On GLM, I haven't really paid much attention to the
oil services stocks.

>>call it Trading Outside the Bollinger."

I think that approach should do well since we seems to
want to go up the next few days; grossly oversold
stocks seem to be the place to be. Like you
I am not sure I want to stay too long though. The volatility
in the market is incredible.
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