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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Jerry Olson who wrote (5521)10/6/1998 2:16:00 PM
From: Nemer  Read Replies (2) of 44573
 
Hardboot ----

About 45 minutes ago, I went to my brokers office as I had considered making a SPX trade .......
I can post from there as long as I don't tie up the internet computer for toooooooo long .....
I didn't like the way the market was looking then, so I passed on my contemplated scalp, but
let me continue with some of what I should have said in some of my previous posts .......

Tom has asked me in the past to clarify my position trades, my scalp trades, and whatever ......

We all know that your span of attention is VERY short, as a rule .....
fast in ... fast out .... fast period ...... and that had slipped my memory somewhat ..... gggggggggg

Back to PFE ....
I meant, and should have said, that my purchase of the stock is a planned investment ......
as a matter of fact, I've held some PFE ( wish it were a loooooottttttt more from way back then, since 1972)
the viagra effect is just a short lived boost , as you said , up to 120, and now a fall back due to declining sales .......
heck, if the market anals had even suspected that the sales would have reached HALF of what they were this week, from whence this decline came .......the stock would have reached 180 ......

but, back to what I do ....
my stock picks are seldom short term scalps ..... and
I should have clarified that when I said it .....
but
I really had forgotten how fast you move ........
I forgot that you really are a dog racing man ....... GGGGGG

BTW ---- I did buy some PFE to scalp at 88 1/2 and 89 and 90 and 91 ----- but not much .......... gggggggg
and I've made a tad on most of it ........

BUT

thanks to you, I did cancel my GTC @ 92 (also, I did note the 100+ k block sale before noon )
I'm holding my newly purchased @ 90 ...........

Regards ------ CowboyNemer
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