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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Eric Maggard who wrote (20903)8/31/1998 11:25:00 AM
From: Monty  Respond to of 79230
 
Doug,

Quite a bumpy ride this morning. Looks to have leveled off some now.

I'm getting ready for the trip to St. Louis this week. With this market I need a new method of going long!! I'm really looking forward to it.

Nothing working right now so I am mostly on the sidelines in my trading account. I am long CADE (for now) and short CYCH. Also shorted GMGC this a.m. at 6 9/16. Not crazy about shorting but ya gotta go with the flow!!! CYCH and GMGC are being touted as obvious P&D. So far it's paid off on CYCH and we'll see about GMGC.

Good Luck and See ya this weekend,
Monty



To: Eric Maggard who wrote (20903)8/31/1998 12:01:00 PM
From: Doug R  Read Replies (1) | Respond to of 79230
 
Well it looks like the uptrend line that hits 7890 in a week held so far today. I'd say DD is the safest play of the day. Place stops wisely. I'll take 300 at 58 1/2 for a point please.............
Thank you.

Doug R