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

To: LastShadow who wrote (899)	10/5/1998 6:30:00 PM
From: Dave Shares	Read Replies (1) \| Respond to of 43080

<<Actually, I had a pretty good day>> For as crappy as the early part of the day was, I still was able to do OK. It is very hard right now to hold long, so I am trying to build the confidence to trade on the short side on days when there is a clear signal (i.e. futures) that it may be a bad day. NOBE (from Thomas Sterner's list) was steady during the day, and I decided to take a position at the end of the day, partly with the hope that we may see a couple of decent days. David

To: LastShadow who wrote (899)	10/5/1998 7:20:00 PM
From: Jay Lyons	Respond to of 43080

>>Actually, I had a really good day.<< Yea, rub it in. (GG) Actually, my day wasn't bad, but could you tell me again (and again and again!) that when I run my 10:30 numbers, if the stock is already heading thru the low I should hit the button, rather than waiting for it to reverse up. Whenever the train has already left the station by 10:30 (North or South), I'm afraid to chase it, for fear that the reversal is just around the bend. Shorting either AOL or YHOO just past 10:30 would have been good, but I didn't do it. LU was the only one I got, because it stalled around for a few minutes. Oh well, I'll learn. Jay