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Non-Tech : Stkprofits Research

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To: StkProfit$ who wrote ()6/4/2000 1:54:00 PM
From: StkProfit$    of 122
 
My basic trading philosophy's are as follows:

A+ Value Play= Sound stock fundamentals trading at/near supports.

A+ Momentum play= Volume + Price Barrier movement.

Addt'l trading notes:
-Intelligence background checks help weed out the bad apples on "MO" plays.
-Chat room chatter barometers can sometimes help solidify entry/exit points.
[ie Early strong "MO" chatter may sway me to buy at market instead of waiting for a pullback (such as HSAC on Friday). Weak chatter may enhance my decision to wait on a "rock" bottom price on a value play (Such as ONT buy last week)]
-No substitute for experience. (I paid my dues in terms of losses for 3 1/2yrs, and now my annual fees keep getting smaller as fewer and fewer trading mistakes are made).
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