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


To: LastShadow who wrote (11733)3/30/1999 12:28:00 PM
From: Judy  Respond to of 43080
 
YHOO ... watch for entry, either positional trade or flip

Breakout at 181, trading resistance at 187. If YHOO makes it thru 187 resistance, I see a major run. Holding short puts (with a real non-optimal entry!) and shares purchased during the recent knockdown.

Earnings April 7th after the bell. I'd expect a rash of arbitrage short-covering when the BCST deal is finalized. NAZ is dicey, but you all know that already.



To: LastShadow who wrote (11733)3/30/1999 12:32:00 PM
From: Copeland  Read Replies (1) | Respond to of 43080
 
Took a 1.25 point gain on NVLS. It's been a good week strictly position trading. Put in your stops, watch the clowns on CNBC for a few minutes, do your groceries, and come back to reap the benefits; it's a lot less stressful that staying glued to your monitor all day.

Sure, you miss the mega point gains, but it's a lot easier on your blood pressure. ;)

Tomorrow, I'm off to New York to visit relatives for the rest of the week. As a result, the next watchlist from me probably won't be until Monday evening, although I might try to crank one out tonight.

Off to switch off the snow tires...

Best of luck trading,

Copeland