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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Dave H who wrote (10480)1/14/1998 9:40:00 AM
From: ivan solotaroff  Read Replies (1) | Respond to of 79708
 
Dave:

Wish I'd had some better ideas about exiting the OXHP short on the way down. I used resistance of the line drawn from the tops of 1/8 and 1/9, added a tick, put a stop in there, and got taken out yesterday at 15 11/16. Not exactly maximal, but I can sleep. 14 7/8 was a piece of cake, so I'll probably spend some time today fabricating a rule that would've gotten me out there. History lessons.
I'm surprised at RECY's strength in the face of their $.01 loss. Don't know what to say, except that the breadth was running against short positions yesterday, unless of course you were in RADAF!?

Ivan