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

To: Susan Saline who wrote (585)	9/23/1998 3:32:00 PM
From: LastShadow	Respond to of 43080

Out of LCOS and MSPG with 2 points each. Letting XCIT run for a bit - up over 3 points from entry now. Will definitely exit before end of day however. ls

To: Susan Saline who wrote (585)	9/23/1998 3:56:00 PM
From: SpecialK	Read Replies (2) \| Respond to of 43080

Susan, you expect a gap-up in the morning on net stocks? Scott, you're selling into the close because of the strong gain that you have? Do you expect it to gap up? Looking at the charts, I think it gaps up as the whole net sector is going to go higher again tomorrow, along with the markets, maybe without the markets. I have been following the conversation on the gap strategy and I thought I would trade on it with 3com this morning. I stayed away but I got into XYLN at 11.25, out at 12.625, then into XCIT at 36.4375, now it's up to 37 as high as 37.875. I plan on holding for the gap up. Ketan