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Strategies & Market Trends : LastShadow's Position Trading

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To: Jay Lyons who wrote (270)9/9/1998 2:16:00 PM
From: LastShadow  Read Replies (2) of 43080
 
CA & Gaps

CA - its been showing up on the net for three days now, and on the TA for two. Seems to have some market resistence and slow strength.

Gaps

Those gaps are perfect. If you are watching the intraday tick in real time I would set the following:

CSCO - Buy same, short same
INTC buy same, short 82.625 (11:00 ish low)
AOL buy 99, short 95.5

but I would recommend exiting before close on those tighter limits.

After looking at those charts and seeing your stops, I'd appreciate it if you would post any in the future as I and others may not be paying attention to stocks you follow. You set stops well - I'd use them.

Only play I had was on my short stop for INTC (filled lower though) and DIS short at 28.5. I will exit INTC before close, but may hang onto DIS.

lastshadow
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