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

To: Dave Shares who wrote (4786)	12/22/1998 8:32:00 PM
From: LastShadow	Read Replies (1) \| Respond to of 43080

Watch Lists: Well, Dave, if you willing to take some chances, just buy and hold one until you get back from lunch and see how it does! Worked for me on CNCX today. Of course my 11 year old stepdaughter is home from school now, and she stands next to me and yells, "Sell it, Sell it!" whenever its up over $100, and then says, "I told you when to sell, so I get part, right?" SYMBOL CLOSE CHANGE CHANGE % EGRP 38.438 6.313 19.65% PWAV 19 3.062 19.21% AOL 138 21.936 18.90% DRIV 38.875 4.875 14.34% RDRT 16.938 1 6.27% NSCP 51.125 2.125 4.34% AKLM 11.875 0.437 3.82% JBL 72.938 2.438 3.46% IBM 182.25 5.875 3.33% COMS 48.625 1.5 3.18% TRB 65.625 1.25 1.94% BGEN 86.875 1.562 1.83% RATL 27 0.437 1.65% ASND 65.875 1 1.54% SEEK 48.5 0.562 1.17% AMZN 322.375 3.625 1.14% GE 99.063 0.688 0.70% HD 59.25 0.312 0.53% GM 73.875 0.187 0.25% SFA 22.125 0.054 0.24% CPQ 44.313 0.063 0.14% AMMB 8.688 0.00% PETM 9.438 -0.031 -0.33% PETM has been on this list since 12/4 I think, and sure enough its gone from 8.4375 to 9.4375. It looks to be on a solid recovery, so not a bad pick for any longer term holders out there. I will keep a keen eye on DCLK, ZITL, ADM, BBBY, and PSFT tomorrow. If PSFT goes to 17.625/17.8675 range on some volume it meets my reversal criteria for entry. It looks like it may do that in the early morning, but I sould still wait for some stability if the market is tanking or swinging wildly. ZITL I watched yesterday and today in the mid afternoon, but decided not to enter either time as most of the ticks were selling. it didn't meet any of my technical criteria, but would make a decent daytrade if tomorrow repeats even half of today's run. NAVR I am keeping on continual watch as a lot of folks have some shares there, and it has formed the same pre-movement pattern other nets did before larger increases (although I don't think it will go back to 20+ anytime soon. DCLK I will watch for strength after any 48, as it can run 5 points in short but solid runs. ONSL I'm letting the others post and watch. lastshadow

To: Dave Shares who wrote (4786)	12/22/1998 8:33:00 PM
From: Dave Shares	Respond to of 43080

Position Entries I took a few positions today. Probably a sure sign of a market reversal downward. PSFT 17 9/16 (I entered this the other day) CATP 22 1/2 SFA 22 1/16 I've been meaning to take a position in SFA for the last few weeks, I hope I haven't waited too long. PSFT actually showed some signs of life today, maybe Sue woke it up. Hopefully by the time that LastShadow starts another PTA, these will have moved up nicely and I can take profits and put them into his winning selections. David

To: Dave Shares who wrote (4786)	12/22/1998 8:53:00 PM
From: Dave Shares	Respond to of 43080

Watch List I'm going to pass tonight, folks. With the holidays approaching, I may be a little sporadic in posting any lists. Also, I'm going to be making some changes in my data feed, I don't know how it's all going to work out, but I will probably need some time to get it all together. I may post a list here and there, and an idea, and I may even get smart enough to play one if it is moving. With LastShadow and Thomas Sterner posting here at night with lists, and JayLyons, AT and others during the day, there is plenty for all of us. Peace, David

To: Dave Shares who wrote (4786)	12/22/1998 9:47:00 PM
From: Jay Lyons	Read Replies (1) \| Respond to of 43080

IMAL Except for making sure I didn't lose anything on that EGGS hold, I didn't trade at all today, and will be only looking at the opening and maybe the last hour through Christmas. I'm starting to think that the way to play these WEB press releases, especially when it's a new kid in town, is just to buy it preopen. The vast majority of the people who power these stocks up don't have that ability...you could have gotten in in the 14's at 9 A.M. This one could have been gapped beautifully a little past noon at 21 3/8, but many of them take off and don't look back. I hope everyone who was holding a net stock from Monday was able to sell profitably this morning. Jay