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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Mark Nelson who wrote (8488)10/29/1997 9:31:00 PM
From: Haim R. Branisteanu  Respond to of 94695
 
Mark in fast markets NEWER place market orders. Be prepared ahead of time to enjoy the ride.

I unlocked my boxes in today anticipated rally for a small gain and I am again short with out of the money puts on positions I am short.

It is a strategy which lowers your profit potential but gives you a cushion if you are wrong.

Happy trading
Haim

P.S. was out all day long and had no chance to follow the market. Will see how it goes tommorow. (Today orders were placed in the morning based on TA work. My stocks went up slightly more than anticipated, but you can not have them all, at least they closed 1.5 points blow the hight)

regarding Brasilian Banks

biz.yahoo.com



To: Mark Nelson who wrote (8488)10/29/1997 11:01:00 PM
From: Bonnie Bear  Respond to of 94695
 
Don't panic. I'd place limit orders.