SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (410)9/16/1998 12:37:00 PM
From: Susan Saline  Respond to of 43080
 
NSCP and the net stocks took off flying about an hour ago

I have day traded NSCP in the past ... only to accumulate losses.

Have been following the chart during the correction ... waiting for a good entry.

I entered yesterday ... on a low volume ... little selling ... flat chart day.

Current entry at 21 7/16

This one I plan to hold for several weeks

Market sentiment is slowly changing ... traders are getting their confidence back

Now that I have cleared a safe distance from my entry point, I have put a stop loss on NSCP at 21.75 ... a just in case saver ... just above my buy in point.

Clearing the buy price .. is the hardest thing to do when making entry ... in effect .... you are doing a daily bottom fishing ...

Sue