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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Harry_Behemoth who wrote (7792)6/9/1999 11:25:00 PM
From: last1out  Read Replies (2) of 108040
 
Someone help me....PKDV
I trade with a few rules, one is not to buy with a larger than 10% spread, and another is not to chase stocks, which has been a problem lately..any advice?
I could have bought pkdv at .70, but the bid was .45 so I passed,
a few minutes later the bid was .875 so buying at .70 would have been ok, at .875 I would have been chasing,so I passed again, but still would have ended up ok ..gggg
What do you think when you buy something with a 40% spread or something up 100%, that causes you to buy it? I just can't seem to do it, but have missed many good runs. Any advice?
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