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Re: Lessons Learned



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Going into today, EGLS was down 13 points in less than a month....as I said, it was a
technical bounce.....a bounce is not to the downside if the stock is on a
downtrend......re-read the following.

---PJS
Subject:
           Gen: Why this SOD?
      Date:
           Thu, 23 Oct 1997 08:55:40 -0400
      From:
           Patrick Slevin <slevin@xxxxxxxxxxxxx>
        To:
           reen@xxxxxxx
       CC:
           RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
References:
           1


If you like to trade technical bounces you might analyze EGLS for a possible bounce
today.

--PJS
>




Don Green wrote:
>
> This morning you stated Trading EGLS was the way to go...  Go where?  UP or
> Down...  Would you have made or loss money if you had traded as you
> recommended.
>
> Regards
> Wild Don Hickcock!!!
>
> -----Original Message-----
> From: Patrick Slevin <slevin@xxxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Date: Thursday, October 23, 1997 6:16 PM
> Subject: Gen: Lessons Learned
>
> >Don,
> >
> >It's not personal, but you seem to trade like a cowboy. Is there any reason
> why you are
> >short BA? I mean, why pick BA...why not MSFT or G....? Also, I got the
> impression you
> >were out. Are you still short?
> >
> >----PJS


> 
> This morning you stated Trading EGLS was the way to go...  Go where?  UP or
> Down...  Would you have made or loss money if you had traded as you
> recommended.
> 
> Regards
> Wild Don Hickcock!!!
> 
> -----Original Message-----
> From: Patrick Slevin <slevin@xxxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Date: Thursday, October 23, 1997 6:16 PM
> Subject: Gen: Lessons Learned
> 
> >Don,
> >
> >It's not personal, but you seem to trade like a cowboy. Is there any reason
> why you are
> >short BA? I mean, why pick BA...why not MSFT or G....? Also, I got the
> impression you
> >were out. Are you still short?
> >
> >----PJS
> >>
> >> Well, still holding on. For those watching the market, look at a charts
> of a
> >> few of the big name stocks and look at the bounce after the major market
> >> drop.
> >>
> >> The only reason I am still in BA, is because the market is still
> dropping.
> >> I still have hope?? for a further CRASH...  I am not sure why BA is
> >> rising...?  I don't think it is oversold considering the general market.
> >>
> >> Regards
> >> Don