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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (23275)5/22/2000 6:21:00 PM
From: Gersh Avery  Read Replies (1) | Respond to of 42787
 
"why??"

Because I'm trying to have a pure machine.

If the market moves up enough then I'll have my second entry.

Since I have my first entry, my minimum target is 50% gain. If the market hits my second entry target then my gain target will be 75%.

Moving in and out of options usually kills me off quickly.

re your money

I'm looking for work .. any ideas? If you're interested, I'm sure something can be worked out.

My disclaimers:

1. I can loose it all.
2. My doctor sayz I shouldn't trade.



To: dennis michael patterson who wrote (23275)5/22/2000 11:44:00 PM
From: Gersh Avery  Read Replies (1) | Respond to of 42787
 
OK second entry target is when the average between the high and low for the day is 1449.31 SPX cash.

Ain't gonna happen tomorrow.
If we gapped up open to start the day at a low of 1410 we would have to have a high for the day of 1488.62.

I think I'll take the day off and not even bother to look at the market.

This morning after I posted the first entry, I left to help out a buddy paint a house. For my intra day move I just put in a limit buy to close out a short here: #reply-13750041

It was a very good day there. Rode a spoo short from 1412 to 1380.5. Fourteen contracts wide.

Anyone here that would like to join in the Players Club is more than welcome there. It's a good place to try out methods and concepts before running with real money.