LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Dave Shares who wrote (11600)	3/29/1999 8:14:00 AM
From: Susan Saline	Read Replies (1) of 43080

I am happy to see you are including some more "name brand" stocks in your lists Dave. At least with the name brands ... if you (anyone) buys and the stock goes down, rather than the expected up, mostly ya just wait a few days and they do rally back. With the no name brands ... like DDIM and GMGC ... the momos' ... well you just don't have that confidence ... that is one of the reasons ... I have been slowly changing my selection of trading vehicles to the better known symbols. I did not take offence at your watch/short of U, but think the risk : vs : reward is much better long. This is called feedback. currently 47 3/16 if short risk: to 55 ... 8 dollars reward to 45 ... 2 dollars if you wish to short ... maybe short when a stock hits resistance go long when it bounces off the support line and since others possibly follow the lists, I would hate for anyone to take an unnescessary risk.

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