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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?


To: steve goldman who wrote (4304)5/26/1998 5:47:00 PM
From: TFF  Read Replies (1) | Respond to of 12617
 
Great time to short the morning gainers. Remember as a Day Trader you MUST be looking for opportunites on both sides of the market long AND short.

Example: MANU gapped up and ran on open(up 2 3/4 from prev. close to 30 15/16) only to get trounced(day low 26 1/2) as the day wore on.



To: steve goldman who wrote (4304)5/26/1998 6:07:00 PM
From: Temple Williams  Read Replies (1) | Respond to of 12617
 
Steve: "let winners run" ... "No-one ever lost money taking a profit" ... a serious ... very serious ... oxymoron ... the truth is that fortunes have been lost taking a profit.

Temple
skansearch.com



To: steve goldman who wrote (4304)5/26/1998 8:01:00 PM
From: mr.mark  Read Replies (1) | Respond to of 12617
 
"With the Dow down 150 and the NASDAQ down 26, the markets feel heavy and without any capitulation, I wouldn't expect the selling to simply subside"
aren't there too many people calling now for a correction for there to be a correction?



To: steve goldman who wrote (4304)5/26/1998 9:03:00 PM
From: Susan Saline  Respond to of 12617
 
>>>Keep losses small and let winners run.

except lately...only the first part applies :o)

sue