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


To: Magnatizer who wrote (7378)1/27/1999 10:07:00 PM
From: Thomas Sterner  Read Replies (1) | Respond to of 43080
 
David

The symmetrical triangle that AKLM had formed
was transformed into a rectangle. I was watching
the time/sales for ORCL in the pre-market and
didn't see exactly what was going on with AKLM except
that I thought there was a large buy followed by
a bunch of smaler sells. Then some more big sellers
showed up after the market opened. Is that what you saw?

I got CPQ at 50, got stopped out at 49 3/4 and got
back in at 47 1/4. Live and learn! CPQ got one
downgrade from "top pick" to "buy" but I doubt
that alone will have an effect. I'm glad to see
the gap filled though. There was another small
gap on 12-4 to 12-5 that never filled but we don't
want to talk about that one now do we? :>)

Tom