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

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To: Olav who wrote (43072)12/10/1999 1:16:00 PM
From: al  Read Replies (1) of 108040
 
re MTMC this was a news play if you are new to daytrading you have to know how to play news plays and have to be equipped to play fast ones...
brokers like e*trade and others that fill your orders slowly are not too good for these plays
when you were buying it on the 9-10 range those who were faster than you and got it first were selling it to you
so you are left in the cold at the top of the range
i don't see much of a chance for it to go back to 10 or so range unless someone else with big following "discovers "
it and makes a call
you can take a chance at holding it longer term and HOPE it goes back up
good luck
and know what you are doing before you consider daytrading
or you will give your money to those who really know
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