Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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

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To: baddtiming who wrote (100728)	4/27/2000 10:05:00 AM
From: KevinMark	Read Replies (2) of 108040

Thanks, I've considered trading less volatile issues. The reason why I trade ones like PMCS, is when we have VERy slow volume days, you can short the tops and go long on the dips several times for a few points when nothing else is moving. Stressful to short it though. Yesterday I shorted at the open on it, and had great profits only to see those profits evaporate. Caught myself down 10 full points in less than 30 min. Held strong and covered with min loss. Traded it a few more times to break even. Funny thing is....I was trying to set a stop on it at 9:45 and it busted right through the upper trend line with no end in sight. Pull up yesterday's intraday and you will see what I mean from the open till noon. Just when you think you have guaranteed money on it, it gives you a knockout punch. KM

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