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

To: Dave Shares who wrote (463)	9/17/1998 12:36:00 PM
From: LastShadow	Read Replies (1) \| Respond to of 43080

Gaps are important and easily traded strategies. Keep asking. Given all the ifs, if it was trading above the entry gaol, then its a buy. Remember that the method is attempting to provide some guidance as to where one would put a limit buy or short if one couldn't watch the tick. the very best way to paper trade this method is to look at the market, write down your numbers, and revisit it at noon. To more fully answerthis, what I look for in the example you gave, would be for bids being filled more to the ask than the bid, and improving lower resistance. But if I wasn't comfortable entering, i would wait. I'd rather be wrong and out of the market as it goes up then in and watching my protective stops fill at a loss. lastshadow