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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (2496)	1/10/2000 4:16:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 7434

I think the low 60's is around where I have a bailout point. I only purchased LCOS a few weeks ago because of QCharts. The chart pattern looked okay at the time, so I flipped out of something else and took a stab at it. I'm not of a mind to trade stocks, so it takes me awhile to make such a decision. I think it was the right move, but a nosedive this early in the game would sideline me until it seemed to recover and then I would probably re-enter. I liked it well enough to buy it, so if it falters I would continue to watch it rather than move on to the next hot issue.