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


To: LastShadow who wrote (2757)11/18/1998 10:01:00 AM
From: Dave Shares  Read Replies (2) | Respond to of 43080
 
FORE

Nice call (eom)

David



To: LastShadow who wrote (2757)11/18/1998 10:34:00 AM
From: SpecialK  Read Replies (2) | Respond to of 43080
 
FORE, YESSSSSSSS!
Saw your post yesterday at 13 3/8 and I looked, it was 13 1/2 to 5/8, I waited and got in at 13 7/16, sold today at 14 1/2.

Very nice call, made some good money, sold TALK yesterday on the pop-up higher luckily, made some money.

My only loser was CPU and I should have listened to your advice on that one. XYLN has done well for me as well, been in and out since 12, unfortunately, would have been more profitable to just hold it.

I need 2 portfolios, a holding, intermediate term and a trading one.
Maybe a 3rd one is in money markets or cash.
Who does this? It is like diversifying your assets.

Thanks Scott.

Ketan



To: LastShadow who wrote (2757)11/18/1998 10:47:00 AM
From: AlienTech  Read Replies (1) | Respond to of 43080
 
>>Buy on rumor, sell on news was a good rule back in the days <<

Well one of the things is, is the rumor already known, I have frequently found that some news although easily obtained, is not news yet.. But will be soon.. This includes both good and bad. I can site numerous examples, eg before the disk drive sector crashed, it was widly known on SI about price competition, and other problems, I bought them thinking everyone knew it, then the news kept hitting and hitting and QNTM went from 40 to 20, Or Ebay, knew there was big news coming about european operations when the stock was at 50, even posted it here when it was 90 but it went up quite a bit when the rumor hit the street, but the real news still hasent hit the street.
heck if I know.. I have bad luck.. I need some of what ever sue is using.