Dave Floyd’s Trading Service Results Report – 10/4/02

  • October 4, 2002
  • Dave Floyd

Dear Trader,

Yes another day of mixed results. As mentioned the other night, until this
market breaks out of the current trading range, many trades will be stopped

out, while many will work out well. On Thursday night, I remained short the
positions that were triggered and not stopped out of. I did this for one simple
reason:

1. We closed weak on the averages and with the emplyment report due out in
the morning, I figured I would take the bet that it may be bad. Luckily, that
bet did pay off. While the number was intially bought, the market sold off hard
on the opening.

As of right now, 9 AM PST, the following positions are still open:

KLAC, BJS, WYE.

Have a great weekend.

Dave Floyd