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

To: Chris who wrote (31612)	3/6/2002 12:14:05 PM
From: Chris	Respond to of 52237

lets see if spx can punch out here

To: Chris who wrote (31612)	3/6/2002 12:15:20 PM
From: Todd Reichardt	Read Replies (1) \| Respond to of 52237

Yeah, something like +36% yesterday and +20% today, I never expect LWIN to move far that fast. Extreme moves are an indication the risk of the trade is significantly increased. When the move is in my favor I either lock in profits or just book the profits. I locked profits yesterday, essentially creating a straddle, and I completely closed the position today. All said all done, I got bit more than double my money on it. I still like the sector and will re-enter if the market gives me the right opportunity.