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

To: LastShadow who wrote (9890)3/8/1999 1:03:00 PM
From: trader101  Read Replies (1) | Respond to of 43080
 
CMGI.. so you're long CMGI? finding it from the list could not have been that easy. I'm wondering how to make a list like that, Can't I just take the top 40 stocks from IBD's most active list from Friday? Pretty much same or better results.



To: LastShadow who wrote (9890)3/8/1999 1:07:00 PM
From: Jay Lyons  Respond to of 43080
 
Continental Airlines Inc. (CAI/B) 38 11/16 +3/16: --UPDATE-- Merrill Lynch raises earnings estimate on air carrier due to stronger than expected air traffic; ups Q1 EPS estimate from $0.85 to $0.95 a share and FY99 EPS from $5.25 to $5.40 a share.....



To: LastShadow who wrote (9890)3/8/1999 1:28:00 PM
From: kjs  Read Replies (2) | Respond to of 43080
 
Lastshadow or Jay,

I've read through the principles of the gap trading methods. i would like to paper trade it to learn a little more through practice, but would like some advice on: how do you determine the selling point? do you hold for more than a day? is there a ranking of the gap methods in terms of preference or profitability?

Thanks.


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