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

To: ynot who wrote (20213)	8/19/1999 9:17:00 AM
From: AlienTech	Respond to of 43080

Looks like the lows will be at the opening for spx. But indexes are skewed again.

To: ynot who wrote (20213)	8/19/1999 9:17:00 AM
From: LastShadow	Respond to of 43080

Blodgett's reports are snail mailed two weeks before general release. Brokerage houses in general put out their buy alerts between the 25th and 19th of the month, and their field brokers get the lists of what to push mid month, generally. As for ATHM, I think it is posit0ned well for a reversal, but with this market the downside potential is larger than in past reversal points. If it could run, 42 would be a good entry for positional holds. Not everyone lurking here can daytrade, so we should probably temper our comments in those terms. the stock needs to be in clear reversal for position entries, and it didn't make it yesterday, but it almost did. For less risk adverse traders, day trades and holds less than one week, it has been a good play. ps - not going to post much today. lastshadow