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Strategies & Market Trends : Befriend the Trend Trading
SPY 686.96-0.1%Dec 30 4:00 PM EST

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To: Dr. Stoxx who wrote (2674)1/19/1999 4:44:00 PM
From: Dr. Stoxx  Read Replies (3) of 39683
 
SPLS gapped up nicely at the open, then sold off, I think on news around OXM and their alliance with IBM. Still looks good technically for a longer hold. A higher trading range than yesterday's.

HD creeping along nicely.

My call on XIRC was a beauty. Up over 2 points today. Profit stoploss in place.

High risk trade in AHWY moving back up into profit territory (got in a bit too early).

Daytraded BAMM today on a tip from a friend. Bought at 12.75, out at 14! Both limit orders. Never once looked at the computer after the trade went through. Easy money!

My wife fared a bit better, however. She jumped on IMON after a sell-off, and came away with 50% (6 to 9). Nerves of steel.

PS: Wall Street Journal phoned today. Wants me to contribute to a story on the new breed of stock traders! Will keep you posted...

TC.
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