SkyMall (SKYM) Message Board

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Technology Stocks : SkyMall (SKYM)

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To: Gersh Avery who wrote (521)	12/28/1998 7:46:00 PM
From: HairBall	Read Replies (1) of 987

Gersh: I am flat SKYM as we speak. As I posted to you on the other thread. I never take a position at the open. I would wait 15 to 30 minutes to see what direction this puppy is going. It could gap either way...who knows for sure! But I suspect it will be up initially, after the regular joes see today's gain. However, if the Big Boyz are taking it down, a gap up will pull folks in first. A brief AM wait usually reveals intent, but it can cause one to loose opportunities as well. I don't like loosing money, so I often miss opportunities. But I take advantage of the ones I get right...<g> If a trade goes against me, heck I bail ASAP. Commissions are now just to low not to! If a trade goes with me I trail a mental stop loss and ride it. Regards, LG

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