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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (589)9/23/1998 4:29:00 PM
From: Jay Lyons  Read Replies (2) of 43080
 
Wednesday Gap Wrap:

DELL 61 1/8,62 5/8
MSFT 108 3/4, 109 5/8
PFE 101 3/8, 102 3/4
AOL 107 3/4, 110 1/2
YHOO 105, 108 1/2
NB 54, 55 1/4

DELL bought at 62 5/8 twice, out flat. Bought at 62 3/4, sold for 1.
MSFT bought at 109 5/8, sold for 1.
PFE bought at 102 3/4, sold for 1.
AOL bought at 110 1/2, sold for 2. Bought at 110 3/4, sold for 1.
YHOO kicked myself all day for not buying!
NB bought at 55 1/4 sold at close for 2 3/4.

Check out on today's chart how AOL retraced to 110 1/2 on the nose around 1:30 and then took off again.

My stops left a lot of money on the table today...but I'm certainly not complaining!

Jay
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