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


To: LastShadow who wrote (4137)12/11/1998 2:51:00 PM
From: Dave Shares  Read Replies (1) | Respond to of 43080
 
NVLS

This was based on a chart read, but it looked pretty clear to me if it broke 52 to the downside after running back up this morning, that it would fall for a point. Well it did, and I got my point.

IMRS

I had it on my watch list, and I did watch it, but did not execute when it broke positive, it could have given a good trader some decent profit on the long side.

Jay, I think in retrospect that you're asking for too much blood from those airlines.

David

David



To: LastShadow who wrote (4137)12/11/1998 3:06:00 PM
From: AlienTech  Respond to of 43080
 
This is really strange, I am seeing some PUT selling by institutions. So I think they are waiting to buy and seeing how much weakness is really there. This might be a bear trap. But I am not buying either, short guys like me can easily be taken for baby bears in a panic.