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


To: Dave Shares who wrote (1048)10/9/1998 9:23:00 AM
From: LastShadow  Read Replies (4) | Respond to of 43080
 
If they gap, I'm in.

This isn't necessarily a safe practice, but since I will watch for that in the first few minutes of trading, if its a huge gap I will just sell and maybe short, and if its just a minor gap, it will be fine. Basically, though if its somewhere in between, I will just test my emotional detachment from material things...

Actually, what I really do if I don't know is get up and walk out of the office and forget about it for about 15 minutes. About 75% of the time that was the better course of action rather than agonizing over it or making too fast a decision.

ls