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

To: Matthew L. Jones who wrote (9180)	2/25/1999 1:48:00 PM
From: Rick Faurot	Read Replies (3) \| Respond to of 43080

Thinking about starting a paper route. I hear the tips are good at Christmas.

To: Matthew L. Jones who wrote (9180)	2/25/1999 1:59:00 PM
From: steve goldman	Respond to of 43080

Gary Smith. Have known him for about a year now. Discplined and has a nice following. A writer for The Street... -steve

To: Matthew L. Jones who wrote (9180)	2/25/1999 3:36:00 PM
From: Thomas Sterner	Read Replies (2) \| Respond to of 43080

<<Attention Veteran Traders>> Matthew, Some stocks that have been in a predictable trading range lately include CCL, CPQ and ORCL. YUM was until its earnings and has been in an uptrend since then. It should resume trading in a range within a few days (probably between 55-62 or so). Another one that is usually good for at least a point or so each day is BBBY. It often hits its daily low around noon and makes a fast run up in the last hour (except yesterday and so far, today). Tom

To: Matthew L. Jones who wrote (9180)	2/25/1999 4:17:00 PM
From: SteveDavis	Read Replies (1) \| Respond to of 43080

MLJ, I play the news or upgrades for a one day spike and try to get a minimum of $500 on a purchase of 1000 shares. I stay in stocks between $8-10 and $30 on the high side. Profits: Mon $512 Tu: $512 Wed: $450 Thur: $900. I target one or two plays for the day and concentrate like hell on eaking out that small profit. I use MBTrader with an order screen for instant execution. I watch the screen for that spike that I hope will happen sometime during the day and take my profit. I leave money on the table sometime but not often in this kind of choppiness. Good luck and I hope this helps, Steve Davis