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Non-Tech : Knight/Trimark Group, Inc.
KCG 20.000.0%Aug 17 5:00 PM EST

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To: Sir Francis Drake who wrote (5482)11/2/1999 4:51:00 PM
From: gbh  Read Replies (2) of 10027
 
SFD, so do you hold SCaMmeR and AKAM overnight? Or just daytrade? I hope you didn't buy SCMR on its IPO open. OTOH, I hope you did buy AKAM on its IPO open. The point is, how can you possibly know.

The only easy money is if you happened to get the IPO shares. I got some of these for TSCM at 19. Sold at the end of day 1 for 61. The stock is now back near 20.

If you have the stomach for 20 point intraday moves (on slow days <g>), more power to you. When I daytrade, its generally for 1/4 to 1/2 point moves, hopefully up <g>.

Gary
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