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

To: LastShadow who wrote (918)	10/6/1998 11:53:00 AM
From: Jay Lyons	Respond to of 43080

>>PEP is testing my discipline right now<< I long for the day when having my disipline tested will not be a daily occurence! Currently short Dell at 59 3/8 and CCI at 88 1/2. Both refuse to drop that last 1/8 to give me my point. Entered YHOO short at 129 3/16 but out flat. Should have gotten back in, went down fast for two. Jay EDIT: CCI just dropped thru, will be good for at least a point.

To: LastShadow who wrote (918)	10/6/1998 12:54:00 PM
From: Leland Charon	Read Replies (1) \| Respond to of 43080

Last, Have you made any plays today? Did you buy the dip on NEM this morning? I heard that Goldman Sachs upgraded all the golds this morning but I missed the dip. Darn, Leland

To: LastShadow who wrote (918)	10/6/1998 12:55:00 PM
From: Jay Lyons	Read Replies (1) \| Respond to of 43080

Lastshadow- I'm out of both shorts as they pulled back up to my point marks. CCI for 2, DELL for 1. Still making "baby" trades on the short side, but at least I got my commisions back and am feeling more informed. Do you think that using the initial sell triggers, with the ticks adjusted up instead of down is a viable stratagy for getting back in on an afternoon reversal? I ask because when you do daytrade, you seem to be in on the reversal off the bottom much sooner than I am. TIA Jay