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Strategies & Market Trends : LastShadow's Position Trading
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To: LastShadow who wrote (1501)10/21/1998 4:31:00 PM
From: Dave Shares  Read Replies (1) of 43080
 
UTI

Another good day for drillers. I have been drilled by them in the past. So, I say, when you're up 10% in a few hours (7 5/8 to 8 3/8, used modified gap), take the money and run. It may gap tomorrow, but you never know. I'm also happy that for once, I waited until the close to get out, as it looked to have momentum for the latter part of the afternoon.

PAIR

Intraday, it looked like a triangle, so I entered at 8 1/2, which seemed right. I exited at 8 11/16, because It just didn't look very strong in spite of a decent close.

Thanks for the picks Scott.

David

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