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

To: Dave Shares who wrote (1272)	10/15/1998 9:07:00 PM
From: dj8000	Respond to of 43080

oh, my god, it's tomorrow:) so i have to prepared to buy some:) DJ

To: Dave Shares who wrote (1272)	10/15/1998 9:27:00 PM
From: LastShadow	Read Replies (3) \| Respond to of 43080

Stock Responses I looked at most of them and here are the comments: KO, yes, I think its getting ready to fall also. AXP - one of my prime short candidates. local (3 day) trendline says it shouldn't go below 82.5 to still be uptrending - that means it could fall 8% tomorrow and still be worth holding for mid termers. If you are going to look for an entry, wait for the profit taking and make sure it doesn't reverse if the market in general is tanking. These are the mins on the others: FHT - 10 CAH - 89 SMS - 50 so all of those are less than 4% above trendline minimums in general, and should be safe longs if they stay bove those numbers. CREAF had some interesting action, but it is bouncing a lot and the floors aren't too rubbery. I would bail if it drops more than 5/8th and rebuy later. FOSL - Yes, I saw that tongiht, then figured Tom took the $4 profit on a $14 stock and paid for his mini vacation <g> One last thought, and this certainly isn't to say anything bad about AOL, because I think there are millions of people who should be on AOL and always stay on AOL. I think that is a really nice place for people to email uncompressed photos of their dog to their sister every day and share news about Good Times viruses and chat about Pumpkin Head's, err, Monica's newest confession...but Dave, is there a reason you don't get a real ISP and internet access? I mean, if you want real time charting, are you sure you want to carry around WallyWorld's, err AOL's memory overhead on your machine simultaneously? lastshadow