LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: george1204 who wrote (2187)	11/5/1998 4:15:00 PM
From: LastShadow	Read Replies (1) of 43080

RXSD, Position Trading and other stuff Looking for a floor when it reopens...you know, buy low, sell high... Exited NEM at 24.5625 - news was pending when I called so I figured it wasn't good. As for Position Trading, I have been looking for some stocks to post for that starting this weekend. Since the pivot point of the market was about Oct 8, just about any major equity has risen 25% or more, so posting a continuing account would have been rather pointless. Last night I started seeing some peaking action in some of the sector leaders, and am trying to determine if thats just a horizontal correction or a minor reversal. I figure it will be clearer by tomorrow's close. Additionally, there has been a lot of activity playing gaps, for which the recent market has been perfect for, and one learns those skills when its available. lastshadow

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