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Strategies & Market Trends : LastShadow's Position Trading
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To: LastShadow who wrote (7032)1/23/1999 3:04:00 PM
From: Dave Shares  Read Replies (2) of 43080
 
EGRP, CPQ

Thanks for the extra analysis.

Amazing similarities in the market yesterday to the previous blow off opening a week or two ago. Great opportunities to go long, but you had to be ready to do so at the open to maximize the opportunity. I have had a bear head on for a while, so I am extra cautious at this stage.

What are your current thoughts on CPQ ? Is this a good entry, or will it base at a lower level before continuing its climb ?

Thanks again,

David

p.s. I thought Jay Lyons did a great job (as usual) posting all his plays in your absence. I nominate him to be the guest host of the thread.
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