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Strategies & Market Trends : LastShadow's Position Trading

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To: Dave Shares who wrote (9017)	2/23/1999 9:03:00 AM
From: Jay Lyons	Read Replies (2) of 43080

>Actually, your post says a lot. To me, it says, keep looking at what happens every day, and be ready to deal with it.< Seconds before reading your post, Dave, I had posted this to Tom. That having been said, I realize that I'm going into today looking for further rally...never a great idea, better to just trade what the tape gives me. I have my worst days when I expect the market to move one way or another. I had a trade in GTW Friday where I shorted just above the buy signal and I lost 1 point. I expected the market to sell off, and convinced myself that "they" were just running up the stock before selling off. If I had been in Grasshopper mode, I would have just taken the signal for what it was, bought, and sold before the close for 3 points. BTW... CNBC saying Meeker pounding the table on MSFT

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