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Strategies & Market Trends : LastShadow's Position Trading
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To: LastShadow who wrote (1908)10/30/1998 4:57:00 PM
From: Jay Lyons  Read Replies (1) of 43080
 
QCOM

Lastshadow-

I was cleaning up my desk and saw a scribble that I'd ignored. >>Buy QCOM if it breaks 56<<.

Well it didn't...but if we'd shorted it every time it touched 56 and pulled back in the last two days we'd have had three 1 point winners.

I have to get better organized.

Susan-

I'm going to start tracking earnings dissapointments/downgrades. Of the seven listed in Briefing.com this morning, 6 would have been profitable trades if bought shortly after the open.

Jay

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