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


To: Jay Lyons who wrote (1021)10/8/1998 1:25:00 PM
From: Dave Shares  Respond to of 43080
 
Jay,

Sue has the wine. I probably need scotch at this point.

LCOS hold is a disaster. Sold on its morning rise for a loss.

I am short PRBZ at 29 (I like exotic stocks), I think it is ready to collapse, I will settle for 2 points if I can, or maybe hold, not sure.

I am going to go out on a little limb (now that I'm writing this, I'll be wrong) that we'll see a rally from around 2:30 or 3:00 and then flatten out. Of course, the Congressional vote schedule and all may hamper that. I'm basing this on European markets, I tend to see that US markets are somewhat mimicking the European pattern. I don't know where today's bottom is, but from 2:30, maybe see a 100 point gain from there.

Just my foolish prediction and opinion.

David