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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (10455)6/22/1998 10:05:00 PM
From: Peter O.  Read Replies (1) | Respond to of 120523
 
Last,
From your previous post:

<Position Trading Account: 6/22

Long on SMMT at market, at open

This one was actually signaled Thursday night, and most of the others I considered were flagged as buys earlier in the week. Given the volatility of the markets, I will only enter soon after a reversal is formed. More tickers will be added during the week.

The last few minutes for SMMT on Friday looked like selling pressure, even though the last 10 ticks tick read as 4 at ask, one up, one down, and 4 at ask. So, It might prove disastrous, but after looking at all the numbers again, I figure I'll launch with it.

lastshadow>

June 22, 4PM
SMMT Open: 13 3/4, Close:15 9/16 +1 13/16 +13.18% 348,200 100,318

How did you do that one, Last?

Nice call and great start!
Peter