TradersChoice 2000 Message Board

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Strategies & Market Trends : TradersChoice 2000

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To: Mr. Big who wrote (280)	10/1/1999 8:05:00 AM
From: Jeff Jordan	Read Replies (1) of 604

ATHM going thru the roof again??? Mr. Big, Any picks this morning? MERQ did well yesterday morning but quickly gave up it's gains....but recovered nicely in the afternoon. It may turn into a nice trading stock. I was a little pre-occupied w/ my bonehead move in LU yesterday morning. I was rattled by the large blk sales near support levels. I couldn't figure out why institutions would be selling? But seeing CSCO, IBM AND MSFT down I assumed the selling would take the stock down below support. I only gave up 3/4 pt so it wasn't a big deal....mostly agitating that the shake out changed my mindset in the stock. I was trading the stock in my slower account so wasn't able to get out at a better price. I'm getting more comfortable w/ my cybertrader account and confident about it's ability to enter/exit quickly. There are a lot of stocks I don't trade because they change direction so quickly.....I will probably be trading these a little more now, and w/ greater frequency. I like volatily in the market.....to a degree.<g> I think we have a good chance of breaking 1300 today...atleast I hope so! Jeff

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