Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

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3:59 PM EST

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To: snerd who wrote (3862)	1/11/1999 4:50:00 PM
From: Triffin	Read Replies (2) of 56535

Snerd..MOMO=price momentum there are several "day-trading" shops around the country where with $25,000 in capital you become a "firm" trader and trade on-site..one of the models they use is to pile into the biggest point winners and losers around 3-3:30 each day and hold for the overnite gaps. They trade out of the positions by noon the next day..wait until 3:00 and then repeat the process..I call them "casinos".. great if you own one.. Jim in CT..

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