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

To: LastShadow who wrote (1294)10/16/1998 11:24:00 AM
From: NewKit  Read Replies (1) | Respond to of 43080
 
Ouch!! Exit MSPG to early and missed 3 point. I'm too poor in getting the right timing. Is KO a good short at this point? Is DOW 8400 the limit of this run?



To: LastShadow who wrote (1294)10/16/1998 5:35:00 PM
From: Judy  Read Replies (1) | Respond to of 43080
 
Last, IBM looked to be a positional short if the market had not taken out 8100. My conditions were that IBM could not crack 134-135, and that the market would reverse back down. The trip from 130ish to 126ish was not a positional short, that was a short flip for options flux. Now I'll wait to assess IBM earnings on Monday.


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