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


To: Susan Saline who wrote (12153)4/6/1999 4:05:00 PM
From: LastShadow  Read Replies (7) | Respond to of 43080
 
Changes…

I have signed a 3 month contract with a private firm to manage their funds and provide a strategic growth plan for their business over the next few years. As such, and in accordance with SEC guidelines (and since I won't have the time or opportunity), I will suspend all of my personal trading, and much of my intraday posts. However, since part of what I will be doing is establishing a set of stock and fund trading guidelines (Position Trading) and identifying both on and offline resources for their use after my tenure, I will post those guides here as appropriate. That, after all, is in keeping with the original intent of this thread. I will post the position trades to this thread if acceptable to the principals I am working for, along with stop loss amounts. I will not, however, indicate either the quantity or exact entry price (it will be rounded). I cannot guarantee the timeliness of those posts, obviously, but the intent in sharing them here is for educational purposes in concert with the guideline posts. I will try to continue to post my Watch Lists, although those will be screened for positional stocks rather than day trades.

I have also entered a business venture with a software developer to deliver a web-based mutual fund management system, hopefully by mid-year. That effort is in programming now, and with the above task, probably consume most of my waking hours. I mention that only so that those needing an immediate response intraday post to this thread so that Sue, Jay, Dave, Alien, Judy, Tom S, Tom P, Bong and the other excellent traders can field your questions. I have the highest regard for their talents, and consider them the finest trading brain trust online or off.

Due to the time the efforts above have been consuming over the last month, my contributions to this thread have been sporadic. I apologize for that, and hope that what I offer in the coming months will be of some use and substance.

Scott McCormick aka lastshadow



To: Susan Saline who wrote (12153)4/7/1999 9:07:00 AM
From: Susan Saline  Read Replies (2) | Respond to of 43080
 
BMCS last 32 1/4 and gapping
pre-open trades at 32.5 / 33

HAIN also worth watching ... per news

Tue Apr 6 HAIN
Hain Food Group and Heinz USA Expand Strategic Partnership to Strengthen Growth of Earth's Best(R) Organic Baby Food - PR Newswire

Tue Apr 6 HAIN
Hain Food to Acquire Marketer of Organic Foods - Standard & Poor's

Hope you all have a great day ... my broker will be giving me a margin call today ... a NETA problem .... ah well .... it comes ... it goes ... oh so much faster

sue