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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (540)9/22/1998 1:19:00 PM
From: Dave Shares  Read Replies (3) of 43080
 
Experimental Position Account

I am not actually trading these, but I would have settled for 33 3/4 on TWLB at the open.

LSI gapped up, and I would not have entered on a gap. For purposes of this exercise, I'll set a limit of 13 1/2 for entry and see if the chart indicates a fill at the end of the day. Entering at 25% above yesterday's low for LSI would give entry at 12 1/2. I hope that it does not go to that level, as that would mean it was not a particularly good pick, retracing over a point from its close yesterday.

David
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