LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Poet who wrote (132)	9/1/1998 8:20:00 PM
From: LastShadow	Read Replies (2) of 43080

notes for learners - Lots of stocks to watch tomorrow: DELL, AOL, LU, CPQ, YHOO, LCOS, ASND. I played a few of them as modified Gap strategy, and a few others I just jumped in when the market was rebounding. I will look for two things in the morning - If the stocks gap, I will sell off immediately. If they open down and they market doesn't bounce by 10:20 or so will exit and short. If something continues up after 10:30 that gapped in the morning, I will enter then - but they will be large cap stocks with lots fo volumeADVH was up 65%, ZITL up over 50% and PWAV up 35% - but I couldn't catch half that rise in most cases due to the sporadic buying and huge bid/ask spreads. If you are learning to trade, pick your stocks and watch it in the morning. Write down when you think you see and entry and/or exit. Thats the paper trading - if you write it down you are at least being honest with yourself - soemthing I guarantee the market can be brutally so. lastshadow

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