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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Electric who wrote (29965)	12/2/1997 4:03:00 PM
From: Kevin	Respond to of 58727

>>>You lost 2.5 times your profit? I am sorry to hear that man!!<<< Thanks, but it's no biggie. Just gotta keep learnin'. I was up as much as $4500 on the position today. What's more troubling is that the damn thing bounced and the SPX never confirmed the sell. I wasn't waiting for that today, but that has always been my game plan (I'm still working on my exit hence the reason I only waited for one of the indices to fall into the neutral zone). IF I had waited, I would still be in and the bull trend is intact at the close....meaning I would be in overnight again. Oh well...there'll be more opps. With a quick calc, I see that IF the futures open below 975 tomorrow, but then move higher, I will get another buy signal from the neutral zone. This data may change slightly with tomorrow's calcs...I'm more careful. See ya.