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Strategies & Market Trends : Chart Formations -- Ignore unavailable to you. Want to Upgrade?

To: Casaubon who wrote (322)	10/15/1999 10:47:00 AM
From: sean sanders	Respond to of 967

Casaubon, Well I bought puts awhile back on some decent picks ... BUT the thing is most of them only moved 1/2 way to the measured move and then reversed (and I held on). I'll have to go through the trades after this little fiasco is over ie most of mine expire today and it's kind of hard to talk rationally about a trade when you are in them and at the loosing side of it to boot. (well at least for me it is)... after I close the trade well then I can laugh about it <g>. I still feel like a beginner when I look at my trades and see the mistakes I've done; sometimes I just dont get it. btw I'm thinking we are done here with the flag; although we may still head up to the little dbl top in the 5 min. Sean

To: Casaubon who wrote (322)	10/17/1999 11:58:00 PM
From: sean sanders	Respond to of 967

Casaubon, I sold most of my options this past friday so I am looking to enter some other positons. I'm looking mostly on the short side of things. I'm just going through the S&P500 list and writing ones down that I find 'interesting' ... so far I'm up to the C's ... I like C (citigroup) ... I figure if it breaks 41 1/2 we may have a winner. Also to note I feel this one will only break 41 1/2 if the market tanks. CA ... a small nice dbl top ... although we have already had 2 decent down days so you never know it may jsut stop there. so I am shying away from that one. CCL ... looking for a break below 40 then we should be good. and I mentioned CMB on a previous message ... still wondering what will happen next week. if we crash and I miss some plays I will definately be looking for a buying opportunity. Also sometimes it's just good to look to see what some of these things do; not invest necessarily edit - here is another one I just found that is interesting ... GP ... formed a H&S broke below neckline and then retraced back and headed lower on friday (nice one to watch). Sean