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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (19278)	8/10/1999 9:15:00 PM
From: ynot	Read Replies (1) \| Respond to of 43080

Sue, entered short sell order for STMP before going camping--$45 Just got back, it hit $43 1/2 before cratering Call me GREEDY.COM :( Oh well ynot ;)

To: Susan Saline who wrote (19278)	8/10/1999 11:18:00 PM
From: Dave Shares	Respond to of 43080

DRIV Funny, I was going to post to you tonight about this. If it prints 20, it reverses up from a horrible spike down. I think it is worth a play if it prints 20, and I'm still pissed that I missed the last run. And when I say "reverse up", I do not mean a trend change, it will be in a downtrend for the foreseeable future. But I have it on watch, and if I'm paying attention, I'll play if it breaks 20. Obviously, if it gaps above 20, I'll wait on a dip. Once it breaks 20, a print of 18 becomes the next sell signal. Not exactly a tight stop, huh. Don't even ask me where the current buy signal is on the P&F chart. I didn't take a close look at the chart, but the hard resistance has got to be as high as 27-29, so why not give it a try. Good luck, David