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Strategies & Market Trends : LastShadow's Position Trading

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To: The Jedi who wrote (14501)5/18/1999 1:59:00 PM
From: Judy   of 43080
 
Kiri,

cmgi's up trendline remains intact if the stock holds above 213-215.

Message 9568727

On each pullback to the trendline I shorted May 230p. Yesterday closed out the last set of short May 230p and went short the 240p. Looking for cmgi to breakout at 255 ... in which case I'll go short June 260/270p depending on the overall market health.

Holding synthetic long as well. My trading target of 360 encompasses the split, earnings and next IPO. Low 400's by next year, so consistent with your read.
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