LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: Jay Lyons who wrote (13605)	4/29/1999 8:58:00 PM
From: Dave Shares	Read Replies (2) of 43080

<<My point? There will be another net sell off. Perhaps we would all do well to stop chasing SPLNs (up 23 points) and COOLs (up 1 point) and EGGS (up 5 points)... pick our entry in AOL(up 110 points), YHOO (up 100 points), EBAY (up 188 points), or ATHM (up 95 points) and stick with the position until the trend reverses. Then enter again. And again. And again >> Yes Jay, you are right. And add DCLK to that list. This is where Judy excels as a trader, because her focus is on these leaders, and I believe that she trades these just as you describe. And she tells us what she is doing, and then I watch them go and do nothing, or pick terrible entries and chicken out. Fear of flying. I'll learn. David

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