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Technology Stocks : Oracle Corporation (ORCL)
ORCL 220.00-0.3%10:59 AM EST

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To: MeDroogies who wrote (12339)11/4/1999 5:24:00 PM
From: Bipin Prasad  Read Replies (1) of 19080
 
1. If you are a daytrader, you don't need this data because
all you need is mins data, and you'll square out daily.

2. Or if you're so nimble that you can get out at top and
get back in at bottom each time which is not easy for most
of us.

3. Otherwise, trading in and out for less than one point,
does not make sense because one'll most likely miss gap ups
and end up paying more. If I'm not mistaken, you missed a
few times to get back in time, ended up missing gap ups. Also
didn't you get in higher price a few times? If I'm wrong,
please, correct me. What I'm saying is that for most investors,
it's better stay in during the up-trends. Selling out winners
too soon can be costly loss for some.

later,
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