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


To: Kenneth R Miller who wrote (5818)2/8/1998 6:33:00 PM
From: Chris  Respond to of 42787
 
<<I jumped off CPQ this morning at about 10:30 am and then watched as the stock furthur declined.. I was sure lucky to get off near the high of the day.. Heh Heh.>>>

great trade ken.. if you look at the CPQ chart, the high for thursday was touching the reisistance for our next trading level..

i think for a short-term trader, using buy stops and sell limits at known support/resistance levels is a smart way to play..

i've been pretty successful with that technique..