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Strategies & Market Trends : Candlestick Charting--The unknown indicator -- Ignore unavailable to you. Want to Upgrade?


To: PuddleGlum who wrote (1241)4/16/1998 6:46:00 PM
From: MonsieurGonzo  Respond to of 1589
 
PuddleGlum; RE:" TIMT "

Tweezers Top ?

...take a look at CY. I bought 1000s @ 8-1/2 and 40 strike 10 CALLs when it made the Morning Star on 23-MAR. Popped real good and I cashed out at 10 before earnings announcement ( hey- I'm a trader, not a gambler ;-)

So then they come out with lousy earnings. The next day, silly thing stays above 10 for some reason, makes a beautiful Doji. I'm sitting there, staring at this thing: the CYRB JUN 10 PUTs are at 7/8 and for some reason, I don't pull the damn trigger!

It opens today in perfect Evening Star fashion, and the damn PUTs are now 7/8 BID instead of ASK, and my order for 40 @ 7/8 is a day too late. Can't imagine what's holding this thing up.

Meanwhile, took a gamble today and bought 2000s IDC @ 5-7/16 about 10 minutes before market close. Wish me luck!

-Steve