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


To: Dave Shares who wrote (9017)2/23/1999 8:47:00 AM
From: Thomas Sterner  Read Replies (1) | Respond to of 43080
 
Watch List 2/23

AMES 28 1/4
AAPL 38 7/16
SEG 33 3/4
SEBL 43 3/16
COMS 34 13/16

Tom



To: Dave Shares who wrote (9017)2/23/1999 9:03:00 AM
From: Jay Lyons  Read Replies (2) | Respond to of 43080
 
>Actually, your post says a lot. To me, it says, keep looking at what happens every day, and be ready to deal with it.<

Seconds before reading your post, Dave, I had posted this to Tom.

That having been said, I realize that I'm going into today looking for further rally...never a great idea, better to just trade what the tape gives me.

I have my worst days when I expect the market to move one way or another. I had a trade in GTW Friday where I shorted just above the buy signal and I lost 1 point. I expected the market to sell off, and convinced myself that "they" were just running up the stock before selling off. If I had been in Grasshopper mode, I would have just taken the signal for what it was, bought, and sold before the close for 3 points.

BTW...

CNBC saying Meeker pounding the table on MSFT