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


To: Dave Shares who wrote (4715)12/21/1998 4:34:00 PM
From: tom pope  Respond to of 43080
 
ONSL

Dave,

Well at least you made money trading it today. I didn't.

>>I did hold at the end of the day, notwithstanding the advice of LastShadow and yourself<<

For the record, I never follow my own advice, esp when it's good advice. I'm long going into tomorrow, and will be watching the open with interest.



To: Dave Shares who wrote (4715)12/21/1998 4:47:00 PM
From: AlienTech  Respond to of 43080
 
>>Let's just say that I have done better trading.<<

You ever think of just going long on some net stocks when others say they are over valued and time to short?



To: Dave Shares who wrote (4715)12/21/1998 7:21:00 PM
From: LastShadow  Read Replies (1) | Respond to of 43080
 
The market:

I didn't have time to post my thoughts before close, but with respect to ONSL it wasn't the stock but the market per se. Everything shot up. The S&P 500 made a new high, and all the major indices rocked.

Generall, that calls for some profit taking the following morning. Now ONSL isprobably one that will move up for a bit before correcting. that goes for all the high flyers on tomorrow's watch list as well. Dave, as I remember, used E*Trade, so the answer 'no' was specific to his situation where he may not be able to access to exit after the jump and correction.

lastshadow



To: Dave Shares who wrote (4715)12/21/1998 11:05:00 PM
From: Shane Venem  Respond to of 43080
 
I'm still holding too. Bought Friday at 43 though, which makes it a little easier. Here's hoping another huge sell-off doesn't await this stock.