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

To: LastShadow who wrote (7547)1/29/1999 2:24:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 43080
 
yeah but that 16 on IMON was based on hype BS from the longs that the head dude negated....I saw somewhere that he called it "bull$$$$"

dont know if he really said that

so now you are going to need a short squeeze to get this baby going

people have been called by their brokers demanding that the short be closed (not for margin reasons)



To: LastShadow who wrote (7547)1/29/1999 2:41:00 PM
From: Susan Saline  Read Replies (1) | Respond to of 43080
 
>>> Yes, thats true, and three days ago it was 16, and the average high for the last two weeks is 9

smart alec... <<<

LOL

I look at risk vs. reward

currently 7.75

reward to 12 resistance
risk to 4 if that does not hold then 2 support at trendline

risk vs reward is
reward is 4 (at 12.00)
risk is 4 (at 4) then 6 (at 2 bucks)

4 day trend is down in a strong market

give it a good swift kick and it'll run!!


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