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

To: Dave Shares who wrote (4136)	12/11/1998 2:42:00 PM
From: LastShadow	Read Replies (2) \| Respond to of 43080

An hour an a half left and not a single trade on the plate for today. Took a break to reset up the proxy server and came back to find nothing interesting going on. I should have at least shorted ORCL when I posted earlier to wait. I got a really strange blip in my screen on just about every stock. They all showed a huge volume tick from between 1:20 and 1:40 - of course I didn't figure it out until after I had checked about a hundred stocks to see that it was on every one of them. it was either a feed error from PCQuote or a combination of that and something going on with the switch over of all my systems. Oh well, at least I didn't lose any money...

To: Dave Shares who wrote (4136)	12/11/1998 3:09:00 PM
From: Jay Lyons	Read Replies (1) \| Respond to of 43080

Hey David- AMR filled at 58 1/16. Was ahead 3/4 points in both airlines, but they both reversed to flat. Covered ORCL just so I could have one trade today that didn't close flat. Now, about SEEK I have a spreadsheet set up so that I can pop in the open/low/high and it will give me the short/long triggers. It's divided into two sections- Modified Up and Modified Down. Now by the time I put in the numbers, SEEK was way past its buy trigger of 38 13/16. It ran up so strongly that I thought I could get away with treating it like a gap up with a buy at 41 1/2. Would have worked if I hadn't been asleep at the wheel. I've done this a few times when the sell off and rebound create a situation where the gap down buys are history. Jay