Fatty's Donut Shop Message Board

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Strategies & Market Trends : Fatty's Donut Shop

KKD 21.00

0.0%

Aug 4 5:00 PM EST

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To: Gene Reardon who wrote (1355)	5/20/1999 8:44:00 PM
From: Matt Brown	of 5041

A lecture about volume...hmmm... What I meant about volume is that I don't like trading a stock that 2 days ago had ZERO volume. Sure, it might go up and look tempting, but that volume could dry up very quickly. And at that point would be very hard to sell out of. Of course, volume is an indicator of news, but stocks that are very legitimate and the ones I want to discuss here need to have consistent volume EVERY day. I don't want people getting in stocks they can't get out of! Also, it always shows if that sector is hot. The point I was making is that stocks that have NO VOLUME on some days..I don't like. I just don't gamble my money like that. I have been talking about XNET, MXNT in the newsletters...Sorry, haven't talked publicly about them...ZSUN..I was out of that a long time ago and everybody knew that. I had a 150% profit in 2 days. There was no way I could hang on to that. I learned from my PRFM days with Anthony. I don't make the same mistake twice. I will be happy to answer any specific questions about each. XNET is currently expanding into 2 other major cities in China. I think that once CNBC and news folks pick back up on WTO, the run will start all over again and a whole new trading range will be formed. MXNT is Over Viewer's stock. He is the Head of MXNT for the thread. If something happens, he let's us know. This let's me focus on Reseach and picking stocks. It makes the system work better, IMO. But I will be happy to answer anything you might have! Hope that nails it for ya! FM

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