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

To: Susan Saline who wrote (14500)5/18/1999 1:28:00 PM
From: The Jedi  Read Replies (2) | Respond to of 43080
 
I should have said this before

I am flat the market and awaiting direction. There is a chance that a significant market correction could take place and last till mid June.

Unfortunately not able to find an intraday bottom. With a stock like CMGI just get in when it turns up first and put a stop loss so that if turns down again at least you are out with a small loss.



To: Susan Saline who wrote (14500)5/18/1999 2:07:00 PM
From: Judy  Read Replies (2) | Respond to of 43080
 
Sue, I have breakout for cmgi at 255 and will initiate a new position on successful breakout unless NAZ deterirates badly, which I don't expect. Already holding trading position established on the bounce off of cmgi's trendline, see post to Kiri and trail of convo links.

SI sucks today, having a hell of a time accessing it.



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