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Strategies & Market Trends : LastShadow's Position Trading

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To: Copeland who wrote (11443)3/25/1999 8:42:00 PM
From: Dave Shares  Read Replies (2) of 43080
 
Copeland,

Please keep posting lists as often as you can.
That is a big part of what makes this thread so good.

I am also pretty busy, so I just don't have any time to
put together a watch list.

Sorry about that.

I stayed to the sidelines today, as I need to regain some
confidence.

I am still long NEM, and I am short GM (a small # of May puts, as I don't want to tie up too much capital). GM underperformed the market until the last hour, so I'm not going to worry yet. I would be surprised if we don't test Dow 9200 or an equivalent percent drop on the SPX, but then again, I'm not a very good predictor at these things and others can do much better.

Mr. Kim has done the readers of this thread a great service with his
observations during the day, CMPL being most noteworthy for today.
I would have played, but I promised myself that I would not trade today.

David
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