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


To: Laura E. who wrote (453)9/17/1998 8:55:00 AM
From: Susan Saline  Respond to of 43080
 
People ... it's going to be ugly this morning ... many stocks will gap downdown bigtime ... ah, the voice of doom .... big dives offer buying opportunities ....and I am wondering if it will rebound just as it has been doing the last week or so. Markets around the world are not behaving ... will it take our market to brings things around.

Today I am watching AMD ...
earnings expectations (perCNBC) were raised from zero to .70
This good news may not help AMD today, with futures down 22, or it if does make it go up at the open, it will fall back offering entry later today, or tomorrow.
But AMD appears to have bottomed with the majority of other stocks, I will be looking for a low point, around 10:30 to noon.

Good trading all.
and be careful out there.

Sue



To: Laura E. who wrote (453)9/17/1998 9:14:00 AM
From: LastShadow  Read Replies (1) | Respond to of 43080
 
IOM, and others..

IOM must stay above 4.25. It probably won't with this dismal open, but it has a predictable movement. Watch for a 10:15-10:45 am floor on this (or anything) and buy if it starts rebounding.

lastshadow