To: David Graham who wrote (8313 ) 4/22/1998 10:31:00 PM From: LastShadow Read Replies (1) | Respond to of 120523
Position Trading Account: Below are the open trades, although I apologize if it doesn't present well due to the limitations of the SI post width. Interestingly, FONR and TEAM were unchanged today, and everything else closed down. I say interesting because this selection of stocks is set up to provide slow but appreciable gains over a period of up to two months before exiting. Although IOM and ANDW exited on stops early, their climbs were anomolous to the trend. IPIC's tanking was a known risk, although I expected to see some minor selloff before the news. At any rate, for all of them to have a down close with major gains in news, sporadic earnings and story stocks intraday, the market seems grasping at any opportunity. This smells of a correction, almost as if its in an exhaustion climb. At any rate, I won't put stops on anything, even though for the very short term BOST, COTTF and VVUS look very weak. If you are trading them intrady take appropriate action.The upside potential is too substantial to exit any due to the idiosyncracies of this market, and most are based or near it. SYMBOL PURCH DATE PURCH PRICE SHARES CHANGE % COST SALES VALUE DAYS OWNED BOST 04/01 5.000 300 (5.0%) $1,515.00 $1,425.00 16 BOST 04/03 3.750 700 26.7% $2,640.00 $3,325.00 14 BOST 04/20 4.562 2000 4.1% $9,140.00 $9,500.00 3 COTTF 04/06 7.562 300 (11.6%) $2,283.75 $2,006.25 13 COTTF 04/15 6.312 700 5.9% $4,433.75 $4,681.25 6 CPU 04/08 19.312 300 (3.9%) $5,808.75 $5,568.75 11 FONR 04/20 2.312 1000 0.0% $2,327.50 $2,312.50 3 PNF 03/16 5.187 600 (3.6%) $3,127.50 $3,000.00 28 PNF 03/26 4.625 400 8.1% $1,865.00 $2,000.00 20 TEAM 04/20 9.500 500 1.3% $4,765.00 $4,812.50 3 VVUS 04/20 8.875 500 (9.9%) $4,452.50 $4,000.00 3 TOT/AVG 7.000 1.22% $42,358.75 $42,631.25 10