LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: TobaccoMan who wrote (7038)	1/25/1999 7:25:00 PM
From: AlienTech	Read Replies (2) of 43080

>>Since we are discussing chart patterns, have you run across any charts which would give me a good example of a Bear Trap or Bull Trap and the vol. significance for both?<< Hey I want to know the answer to that as well. From my personal experience recently, A bear trap was when I sold PSIX @ 28 on friday only to see it go to 37 on tuesday. A bull trap was when I bought it on tuesday only to see it go down to 28 on wednesday. So whats the moral of the story? Well glad you asked, Its stay outa the traps if you aint wearing some steel tipped toed boots.

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