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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dave Shares who wrote (434)9/16/1998 5:03:00 PM
From: Susan Saline  Read Replies (2) | Respond to of 43080
 
both SEEK and NSCP I day traded poorly with mucho losses each time ....

so a few months back I bot SEEK at 18 and sat on it for a few seeks ...

it paid off great, sold it around 36 or so

so ... the lesson I learned from those mistakes is .... SIT ON IT!!

My stops are mental ... and the buyers that jumped on it like mad at 22 ... told me to hold firm ... the tape told the story there.

I do have a tentative target in the 40's over the next few weeks ... but who knows what the story will be like by then.

heck ... it could dive tomorrow ... what do I know :o)