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Strategies & Market Trends : STEAMROLLER'S DAYTRADES -- Ignore unavailable to you. Want to Upgrade?


To: STEAMROLLER who wrote (428)8/21/1998 2:41:00 PM
From: cardcounter  Respond to of 1561
 
covered my ROS and VIP shortz, thinking that every long whose threshold for pain has been breached has already sold, so I'll bail before the other daytrader shortz cover and the value investors start kicking at these POS's corpses looking for a bargain.., not to say that things in russia wont get worse, but you never know when someone will say something about a loan package or a debt reschedulement on the lenders side.

... not finding anything to put some $ back in .... looks like everyone headed out for the weekend... guess I'll just call it a day.... I'm guessing that there will be some good short candidates on monday.... but at what point will all the cash sitting on the sideline jump back into this market....



To: STEAMROLLER who wrote (428)8/21/1998 2:48:00 PM
From: wallacestevens  Read Replies (1) | Respond to of 1561
 
PRLS earnings report out -- looks good.



To: STEAMROLLER who wrote (428)8/21/1998 3:08:00 PM
From: Wayners  Read Replies (1) | Respond to of 1561
 
Covered LCOS at $72 5/16. $72 resistance failed to hold and went on to close gap and then some.



To: STEAMROLLER who wrote (428)8/21/1998 11:18:00 PM
From: lightfoot  Read Replies (1) | Respond to of 1561
 
Take a look at VAR, news brought in buyers for a strong close! Looks like it might be a great position play as well as a nice daytrader on the bounces over the next few weeks.