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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (35697)6/1/2000 3:39:00 AM
From: Doug R  Read Replies (1) | Respond to of 79263
 
Mag,

Very nice commentary tonight on your site. Overall summary on it would be, "Don't go chasing any breakouts just yet. Tight stops suggested for any buys based on anticipation of a breakout. Stick with buying low. Don't expect much on the short side here. Stay nimble."

I gotta admit...I traded SIII and DUSA with entry Friday and exit today based on the above summary. Also flipped AFCI 3 times today from last week's 41 5/16 entry...out 1/2 position (500 shrs) at 48 1/16...back in with 2/5 total position (400 shrs) at 45 1/2...out again at 48...back in at 48...out at 48 3/16. Will re-establish that 1/2 position tomorrow. And LTXX was...sweet.
As for the PILT entry...4 buys from 10 5/8 and amazingly got a 1K fill at 9 7/8. So anyone thinking that entry at 9 7/8 was a sell...heheheh...NOT.
Also moved into RACE.
I was kinda busy out there today and since all this activity was in the account that contributes 20% of the profits to charity, I'm feeling darn good about it :-)

Doug R



To: Magnatizer who wrote (35697)6/1/2000 10:15:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 79263
 
Market Magnets

geocities.com

Commentary updated

ht
Mag