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To: Jerry Olson who wrote (520)10/11/2000 12:06:38 PM
From: Patrick Slevin  Respond to of 8925
 
Sometimes Position Trading is no fun at all, I had my sights set on selling 1428.50 on Monday and holding on. Damn High was 1427.00

Whatever. If I was watching minute to minute I would have taken a lower price but then I still would not have finished my taxes.

Still; that True Cash Gap is a hummer. You do not see them often on the Cash. I tend to think it's a target that keeps the Index up a few days or at least until it is filled.



To: Jerry Olson who wrote (520)10/11/2000 12:25:06 PM
From: Patrick Slevin  Respond to of 8925
 
I know you do not watch it but this S. Franc is like watching Nasdaq. Closing yesterday at 57^64 with a High at 57^85 it Opened at 58^09, where I shorted it.

It then dropped to 57^86 and I took half off along the way.....walking out of the room for a short while I came back to see it at 58^24

Cursing my inattention, I walked out of the room again and just thought to look again. 57^97

It's like the weather in San Francisco. If you don't like the price wait 5 minutes and it will swing 30 or 40 cents.



To: Jerry Olson who wrote (520)10/11/2000 12:45:39 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 8925
 
True Cash Gap just about filled. This is like watching a table get hot in Vegas.

Have a good day, I'm outta here.