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


To: LastShadow who wrote (1520)10/21/1998 11:30:00 PM
From: HandsOn  Read Replies (1) | Respond to of 43080
 
Scott thanks for taking the time to respond with Your list, I just started investing in stocks 10 months ago. I am going on vacation next week, can You recommend some books on TA that I can use to try and educate Myself. I have heard of Elder's book but cannot remember His first name. Thanks in advance, this is the most educational thread on SI.



To: LastShadow who wrote (1520)10/21/1998 11:49:00 PM
From: ViperChick Secret Agent 006.9  Respond to of 43080
 
you know Scott I am REALLY tired tonight so I may be missing something here

but looking over several of your posts...

I see UAL and F in both long and short positions on your lists (different posts)...

like

Message 6110740
Message 6112454
What am i missing???

if i am talking out of my you know what..just chalk it off to being tired...



To: LastShadow who wrote (1520)10/22/1998 12:03:00 AM
From: AlienTech  Read Replies (1) | Respond to of 43080
 
>>I downloaded NETA data and ran the net on it to see where it was going (just for you AT), and it looks really good. When it went above 35 on Tuesday, it broke the long downtrend going on since Mid July, o that makes it technically very strong right now. <<

Okay thankx much! Was really scared when I jumped into it earlier this month with all the rumors but got lucky on the way down and up. Still holding onto it after seeing the amount of shorting going on the last few days with the large number of shorts already in it.

Do you have the data for EMC? seems to be making a double top. CHKPF seems ready to cross 13/50 ma's tomorrow. And XLNX seems to actually be going up even with their bad report (???)......



To: LastShadow who wrote (1520)10/22/1998 12:05:00 AM
From: Dave Shares  Respond to of 43080
 
Comments

The first position account you set up you did buys on Monday only, then set stops, exits during the week. This worked out well, and maybe would make for manageable effort on your part.

I did not look too much into detail, but there is probably a good trading lesson in TKLC, lots of big intraday swings over the past 10 or so trading days. I have not traded it, but I keep getting it on scans and telling myself "it must be done, don't play it" Reminds me of that elevator story.

David