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Strategies & Market Trends : LastShadow's Position Trading

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To: EaglePutt who wrote (4491)12/17/1998 9:12:00 AM
From: Susan Saline  Read Replies (1) of 43080
 
OILS

from what I read here ... many are bullish on oils ... I would be wary as my oil trading partner was a seller yesterday on the buying spree ...

so could be a bear trap here .... set stops ... as oil is still in a down trend

same with gold ... I was a seller yesterday into the strength

INSP
might want to watch that new IPO ... I was playing yesterday ... it appears to have more run left in it ... not to be too bullish ... but it has the same trading characteristics as EBAY EWBX and other new IPO runners when they first started going.

have a good day all

Sue
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