DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: E. Davies who wrote (5351)	11/12/1999 11:43:00 AM
From: shasta23	Read Replies (2) of 18137

Thanks Eric and ALAN! Like you said..."cuts way down on Profits" and then you see the stock continuing their ride without you. One of the reasons i cut my positions short lately was the appearance of the daily morning gap. Almost every day there was a gap up or down which felt to make it risky. But maybe that's something we have to live with in the days of extended market hours. Maybe gaps will be become the routing for the folks trading the regular hours. I don't know. And Eric...i will watch the trendlines but the panic part is a little bit more difficult for me because how do you "measure" that. I thought the enormous volume of the NAZ and 5,6 etc days of new high and moves of 10-40% a day in some stocks were a buying panic but nevertheless the market just went higher. The panic is a subjective think and what i call panic might just be business as usual for others. Thanks again. Stefan

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