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Strategies & Market Trends : gary smith shorts and longs -- Ignore unavailable to you. Want to Upgrade?


To: Fortinwit who wrote (294)1/20/1999 1:55:00 AM
From: Yellando  Read Replies (1) | Respond to of 430
 
I got stopped out of both SYMC and VSIO today after they gapped open. Both had dropped 1/2 to 1 pt within just a few minutes of me buying in. Yamner suggested putting in the buy at market 10-15 minutes after the open. I know this has been discussed here before but I think I am going to try that for a few days. The MM's are just playing havoc with opening trades! Anybody else have any bright ideas?

For Wednesday
Long
BVSN , DBD , STE (nobody likes this chart? up 2-3x avg daily vol)

Short
JKHY

Rob



To: Fortinwit who wrote (294)1/20/1999 6:37:00 PM
From: Fortinwit  Read Replies (2) | Respond to of 430
 
thread:

BOT:
DBD bg (Feb 35) @ 4 7/8

DBD collapsed 15 minutes after the open with a downgrade. Went to my stop-loss without selling. Very ugly trade.

Made another classic mistake... MGG was powering higher with some momentum behind it, so I changed raised my limit on it. It went above my old limit, and then traded lower all day. NEVER PLAY WITH THE RULES! I know that one by heart.

Tried to pick up too much RCGI at the open but missed my limit. Same with HDI, gapped up and didn't get near my limit.

F.