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Technology Stocks : Buying IPOs on the open market
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To: $Mogul who wrote (242)8/11/1999 2:16:00 PM
From: Marshall001  Read Replies (3) of 5529
 
I think that you are right however, I daytrade IPO's using very strict support resistance levels.

I usually try to trade it 3 times the first day. Unfortunately, the third trade is usually a bust. That is why I am done for now. Still holding those IPO shares and think you are right about 50+. I usually pull the trigger a little too soon but I like to lock in the profit.

Good Luck.
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