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Strategies & Market Trends : Tech Stock Options
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To: peter n matzke who wrote (58384)3/23/1999 5:47:00 PM
From: Patrick Slevin  Read Replies (1) of 58727
 
It was very hard for me to daytrade Short today, every time I was ready it dropped like a rock.

I was selling at 10 point increments for position though. I sent out a theory to some other guys who look at patterns and based on what they think I may take it all off on Globex, perhaps take an intraday Long then throw it all back on Short again sometime tomorrow. I have this thing in my head that the patterns are shaping up like late October '97.

I need another Delta kind of trader to convince me that I'm wrong. We spoke about this a few weeks ago, didn't we? Did you ever look at it?

EDIT Been tempted to open an account at ZAP LeoWeb in Dallas, myself, and just position trade with the other account. Keep me posted as to how it's making out.
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