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Strategies & Market Trends : LastShadow's Position Trading

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To: Dave Shares who wrote (1218)10/14/1998 12:18:00 PM
From: Dave Shares  Read Replies (1) of 43080
 
PEP

Well, from the voice of bad dreams past that tells me that a profit is only a profit until it becomes, a loss, I set a protective stop at 30 7/8.

Zig Zags

For what it is worth, MSPG was a zig zag short yesterday, and the stock price is behaving accordingly. Not participating in the internet gains of the day. CD was a zig zag long the other day.

AAPL

As a paper trade, I'll set a stop to go short at 38 1/2 at 1:30 pm assuming that the bid is above there at that time.

David
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