DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: KM who wrote (2524)	8/7/1999 3:42:00 PM
From: ynot	of 18137

excellent logic, if SI IPO's it would also work well ATHM (my connection) 'problems' allowed me to pick $35 downside too bad it was an 'intellectual' pick as i didn't short or go long at the low of about $36 still, it is useful to 'simulate' how certain actions may influece price 'reaction' NETP has been useful for me in this way, no position (like ATHM) but thinking about the sector, competition, VC motivation, IPO process, etc...helped me peg $18-20 range when it was $28, $16 rang when it was about $20 and $14 when it was over $20 my thinking was if it closed less than $14 employees, etc... would dump and it would drift to $8 (about $11 now) for me this mental excercise (not paper trading) is useful does anyone else do anything like this? tia ynot ;)

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