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


To: LastShadow who wrote (3704)12/4/1998 11:14:00 AM
From: JD  Respond to of 43080
 
Sorry!

I thought you were referring to the plants in Wendover?

Where those the missles used in Gulf War.



To: LastShadow who wrote (3704)12/4/1998 11:28:00 AM
From: BoNg-N-BoNg  Read Replies (2) | Respond to of 43080
 
(edit) Last: what do u think of today's rally? a suckers rally or another beginning of a short term rise.. we didn't get any 10% correction yet which makes me worried..

(JUST SOLD CPQ AT 37 3/4 for lousy 100 buck gain )I re bought CPQ at 37 9/16 today w/ target price of 37 15/16 for quick daytrading...thinking of rebuying at the end of the day and holding it over the weekend or its more wiser to go cash at the close..

thanx in advance..
just me..
eL...



To: LastShadow who wrote (3704)12/4/1998 5:52:00 PM
From: Jay Lyons  Read Replies (1) | Respond to of 43080
 
LS-

Dave and I were talking about shorts in a modified gap situation. I got curious, because he routinely shorts at a higher point than I do. I've been setting my short trigger below the first hours trading regardless of whether or not it's a full or modified. Dave has been setting his trigger at the average of the open and the low on modifieds. Who's right?

I suspect it's Dave, because I won't get a buyer at my trigger on a stock that he's already headed for the bank on.

TIA,

Jay

P.S. Have a great weekend, everyone.