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

To: Susan Saline who wrote (1582)	10/23/1998 1:40:00 PM
From: SpecialK	Read Replies (2) \| Respond to of 43080

Susan, I am very tempted to buy NSCP at 22.75, where it is right now. I like NSCP, well feelings aside, I think short term (best case) we head for 25 again. However the trend in it is DOWN so (average case) I see it staying flat. It has jumped up in this rally from the 17 level or 30%, (worst case) it could retrace back to the 20 level. I am trying to be more disciplined on my buys, many times my gut instincts are right but only for a short time. And I don't sell quick enough and then capital is tied up, because I wait for the rebound. RE: NSCP, I will probably not buy until we see a dropoff to 20. Ketan