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Strategies & Market Trends : LastShadow's Position Trading

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To: Dave Shares who wrote (11449)3/25/1999 10:31:00 PM
From: Copeland  Read Replies (2) of 43080
 
Watch list for tomorrow, 3/26/99.

I'm going out of town tomorrow, so I'm not trading a thing. As for my open positions, my wife will be handling them. Needless to say, she's beating me hands down on YTD performance, so I know they'll be in good hands. ;)

Not surprisingly, all buy signals on the nets (28 of 'em) and no shorts. However, if the futures look pretty bad tomorrow, I advise that you spend a little time watching and not jump the gun; if you really have to trade, as John Kim wrote, keep it small. Here are the filtered issues, with neural net generated entrance points.

Like last time, for entrance points go A or B, whichever is higher.

AU -- Long at open + 1/16 or 19.034, whichever is higher.
C -- Open + 0.434 or 60.326
CLX -- Unable to devise acceptable entrance point
CUBE -- Open + 0.341 / 18.259
EDS -- Unable to devise acceptable entrance point
THQI -- Open + 0.465 / 17.36
CHD -- Open + 0.186 / 39.122
KSS -- Unable to devise acceptable entrance point
MMC -- Open + 0.248 / 73.16

And the Internet play of the day:

TGLO -- Continue long. Short at open - 0.31 or 52.39, whichever is
lower.

I agree with Dave Shares, gold stocks are starting to look good (AU, Anglogold, even popped up on the list today). However, remember that gold is perhaps the most manipulated commodity out there right now -- as many traders found out a few weeks ago, the price of gold can turn on a dime.

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