Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 686.96

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To: Caroline who wrote (2867)	2/1/1999 9:06:00 PM
From: Caroline	Read Replies (1) of 39683

HD short target $56. Down $1 1/4, $3 to go. GE short target $99. Down $2 11/16, $3 to go. C long... bull trap lock and load, support at $52, can be shorted here but with less insurance than some others on the short side. LU short target $105. Down $2 1/16, $5.5 to go. IBM long: fell today, but I see virtually no downside risk from here. In fact, if it breaks $179 on more than tape painting I would exit my long for safer ground. Sold support for a long here. I'm long C, LU & IBM. I have not done these short term plays. CB

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