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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Dave O. who wrote (3557)9/3/1999 1:13:00 PM
From: ynot  Respond to of 18137
 
dave, i've done both, long+short
shorts included MCOM RHAT PHCM CUST
longs CPQ and only current position long CS
regards,
ynot ;)



To: Dave O. who wrote (3557)9/3/1999 2:09:00 PM
From: Paul Viapiano  Read Replies (1) | Respond to of 18137
 
Hoping you guys can help me out....

Noticed this today with charts on eSignal...wondering if I'm crazy or what?

Looking at the 5 min chart on AMZN i.e.
Using 21 exp MA
Looking at one day's worth of data

Then when I look at 2 days of data...same settings...I get the MA drawn in different places than the one day chart...

What's going on?

Paul



To: Dave O. who wrote (3557)9/6/1999 12:54:00 AM
From: bajasurf  Read Replies (2) | Respond to of 18137
 
Dave:

I too like to trade the contrarian side of a spike up, however, it seems the only safe way to do this is after a stock peaks. One would enter the trade and then place the stop loss just above the peak. Shorting all the way up into strength takes some balls, because theres no obvious place to enter a protective stop. Shorting after the peak is achieved is obviously safer but harder to get filled because of the uptick rules. Where do like to enter and how do you protect yourselve from a runaway on the upside.

Randie