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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: FLACK who wrote (2055)	8/28/2000 7:23:16 PM
From: manfmnantucket	Respond to of 100058

hey flack, the only trade I attempted today was long AETH then short AETH, as it had fallen back to support at 132.5, from where it rallied last time, so I thought it was worth a point of bounce. I went long around 2pm, when compx seemed to be crossing back above its MAs, but got stopped out for 1/2pt or so, as AETH started moving down again and made a new low. So, I then shorted it when it looked like NAS was heading down again, around 3pm, and was fractionally ahead, briefly - then AETH whipped up 1.5 pts or so light volume but I was able to cover for -3/4 or so. Hmm. I initially had about 1.5 pts on the long trade that I should have taken and been happy to be out, what with no volume returning after lunch. best bet would have been to short SCMR once it broke below 150, I guess, but I was out this AM. boring day, but no disaster.