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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (3783)5/11/1999 9:28:00 PM
From: xcr600  Read Replies (1) | Respond to of 39683
 
TC, my first post to your thread.

Here's how I'm playing my nets. I'm in ABOV as the stock had been oversold and just split. Didn't have much of a prerun split, but volume has been coming back on up days. Would like to sell, but afraid of missing an explosive run. Chart looking like a turnaround as well. I think CSCO's numbers will have a plus on the market, as well as a rally into DELL's earnings (if things sell of prior). After DELL, there isn't much news to drive stocks. One other reason I'm much longer than shorter in the nets is that there is a lot of $$$$ looking for a place, and why not go back to the same well again and again if it keeps paying to?? Some day it won't, but I don't think we've reached that point yet.

Hedge LPGL long(great play, as it pays a dividend and they have 2 ipo's in the next month) and WCAP short. Not short WCAP yet, but waiting till JUNO ipo nears. Worked pretty good last selloff.

Also hold BOWG and WLDI. Bought at a cheap price, so unless they spike, then I'll hold.

Long BKS for the BNBN ipo, but will flip posotion when ipo approaches.

x



To: Dr. Stoxx who wrote (3783)5/12/1999 9:47:00 AM
From: the options strategist  Read Replies (2) | Respond to of 39683
 
TC, congratulations on your making USA news. I'm concerned with the low vol. in the NAZ stocks that were up yesterday. I think the nets will be consolidating for the next few weeks but AOL was one of the few with good vol on strength. Didn't notice YHOO.

I'm going to do some serious stock looking the rest of the week to include oils and gold. Will post anything I find that I think looks interesting to ask if it is a BTTT candidate.

jj



To: Dr. Stoxx who wrote (3783)5/12/1999 10:21:00 AM
From: Caroline  Read Replies (2) | Respond to of 39683
 
TC, neither. It'll be choppy until the next crash, which will happen between now and September. That will be a buying op through January, when it will get choppy again.

A thought.

CB