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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (4176)	10/24/1998 10:08:00 AM
From: Don Pueblo	Read Replies (2) of 7247

I had a boring week, got a couple of good trades; a nice short on EGGS at the beginning of the week, missed the move up on INKT on Thursday, but caught the move down from 88 to 84 yesterday on 100 shares; the most my heart can stand. INKT looks like a terrific short; the only problem is the volatility/volume which is scary. It looks to me like it ought to go to 76 or lower. 5 days with the DOW hovering around the 200 day MA, I want to see which way it decides to go before I get exited.

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