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

To: LastShadow who wrote (5634)1/7/1999 12:46:00 PM
From: Jay Lyons  Respond to of 43080
 
It's not a matter of playing a full as a modified, rather a down as a up, if that makes sense.

For example: Alien.com opens down 2 at 50, drops to 48, and by 10:00 A.M. is at 55 and still moving. A modified gap down is going to give me a buy price of 49, so I can't play.

See what I mean?

Jay



To: LastShadow who wrote (5634)1/7/1999 1:06:00 PM
From: Jay Lyons  Respond to of 43080
 
SBC

Scott-

What's your read on this? Still not filled on my short, and there are massive blocks on both sides of the trade. Looks to me like 1) The potential is to the downside or 2) There is no current potential.

TIA

Jay


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