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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (3112)2/17/1999 8:24:00 AM
From: Soumen Barua  Read Replies (1) | Respond to of 39683
 
<BLOOD in the NASDAQ streets today!! Futures down 32!>
Despite market correction I am holding all my long positions and possibly will take a hit today. I am not initiating any short position either.



To: Dr. Stoxx who wrote (3112)2/17/1999 9:37:00 AM
From: Ken Adams  Read Replies (1) | Respond to of 39683
 
TC,

Sorry you were stopped out of PCMS. I'm still agonizing over it. The market has opened down, as predicted, but how much more beating can PCMS tolerate? I know, I know... lots more!

I might try one more time this morning with a limit order just a tick above yesterday's high. No harm done if it continues to fall, but I like the way it behaved vis-a-vis the 40d SMA. It's just a fraction below my 34d smooth, too.

Ken