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Strategies & Market Trends : Temp. Home of Cooperative Group-Trading -- Ignore unavailable to you. Want to Upgrade?

To: JavaAdict who wrote (177)	6/15/1999 6:34:00 PM
From: OZ	Respond to of 790

>Oz. New guy on the block. What is your opinion as far as targets for >these short recommendations? I see SBTK is doing the best of all your >shorts. You have a buy to cover level in mind? And, if you wouldn't >mind, define "eventually" on LAMR.... Java, I like Swing Type positions for up to 3 days. Usually going for 1 1/2 to 2 points on a short. These could be played for day trades also. There are too many people on this thread with much more experience than me so I do not define entry and exit points. Rather, I just point out stocks that I see are about to fall temporarily if not longer. These are usually characterized by at least 3 strong up days days and then a downturn. When the previous days low is violated by at least 1/8 it triggers the short. When I recc. them they are not PICKS just yet but rather "in the chamber and ready for the trigger". Of the 7 picks I made: 4 Triggered today- ASYT,RAL,(SBTK,SRCM)<--- covered same day 1 was a NO TRADE due to a large down gap at the open- TQNT 2 are still waiting (GNSS and LAMR) That is what I meant by eventually (LAMR). I new this one was going to lag , but the big payday is near... Regards, OZ