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


To: LastShadow who wrote (6439)1/14/1999 11:22:00 PM
From: Thomas Sterner  Read Replies (2) | Respond to of 43080
 
Watch List 1/15 and comments

Add:

PAIR 10 1/8

Still bullish:

CIEN 18 11/16
CRUS 12 15/16
LLY 81 1/2
FORE 20 1/8
MAPX 16 1/8

I'm also one of the paranoid and am moving into all
cash tomorrow. I'm not long any of these stocks but
they might be good day trades and LLY would probably
be o.k. to hold for a few days. Besides LLY, I wouldn't
hold any over the weekend. I am long in GBFE and hoping
for a gap up tomorrow. Another good trade possibility
is BBBY. On days when its volume is low, it has
a habit of dropping to near its low for the day in the early
afternoon and then quickly moving up a point or so. On some
days, it does this twice, both times in the afternoon. I have made this play several times recently and never lost on it. Today
it did this twice but I was a little too nervous about
the market to play it. I usually wouldn't mind holding it
overnight, but not today.

The markets are closed Monday and this doesn't look to be
a good weekend to hold anything.

Tom