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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Electric who wrote (49124)8/3/1998 4:00:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
this close should do some MORE technical damage

the big boyz are selling the rallies....

check out tonights candle pattern (not up yet)

csta.org



To: Electric who wrote (49124)8/3/1998 4:06:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 58727
 
<So what is happening to you is that you place tight stops after you enter the position, then you get hit on it fast, and miss the point that you were looking for, due to the bouncy road?>

Something like that.

Everyone has to have a drop-dead point where they pick up the chips and this time mine was 26.50, but the market zipped to 27 while I was closing it out.

It's easy in hindsight to think I could have placed it higher but I viewed 26/27 as having some resistance and was not pleased to see it dancing around up there at the time.