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

To: Yellando who wrote (295)	1/20/1999 7:49:00 AM
From: backman	Read Replies (1) \| Respond to of 430

STE: 5 days straight up, in an overbought market...i'd pass, perhaps place limit order at 2-3% below yesterday's close...close trade in 3 days if not filled DBD: looks OK BVSN: on closer look, a nice chart...over the past year, it's moved into a persisting uptrend after breaking out from consolidation i'd definitely pass on MOO orders; GBS said that longs were basically breakeven for him last year, and MOO were his calling card Q: when you place your stops, are they mental or end-of-day, to be executed the following morning at open? david