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Strategies & Market Trends : LastShadow's Position Trading

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To: Char who wrote (1071)10/9/1998 12:51:00 PM
From: LastShadow  Read Replies (1) of 43080
 
Patience Grasshopper...

MSPG is above the 28 entry point now, and shoulld be a buy, and GTW is above the 44 buy point, and the day isn't half over yet.

As for the shorts, like I said, one has to be a little more cautious. From my look at the short threshold, it would have been filled at 26.5 with a floor at 25.75 and GTW at 42.5 with a floor at 41.75 before the reverals started. So probably only a half a buck for each. The preferred play for folks new to the Gaps are long positions, however.

lastshadow
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