LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Coz who wrote (942)	10/6/1998 3:51:00 PM
From: LastShadow	Read Replies (1) of 43080

I am going to exit LCOS but hold PEP overnight ( also might not be a good idea) but my logic here is that end-of-day folks looking to go long anywhere will see PEP's up day like they did for KO and enter the next morning. Since it a consumer product, it should be less susceptible to the whipsawing of the price as teh techs are. LCOS is on shakey ground, as with all the nets. I debated holding it over and selling at open on a possible gap, but with the markets as spooky as they are, and since I know neither the net or TA will say to be long on this, I will exit it. lastshadow

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