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Strategies & Market Trends : Joe Stocks Trader Talk

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To: NCKEV who wrote (467)3/7/2002 5:24:33 PM
From: Joe Stocks   of 787
 
>>>I thougth it would be a "nice trade to get in at 19 and get out at 21 by the end of the day, <<

Scape, that is obvious. If you reread my post you will see that I said that I could see daytrading it or other biotech's. My point was for longer term (more than a day). Personally I find bio's hard to daytrade because they don't track tick, trin or futures as well as other tech stocks. With all the other stocks out there that do I find it better daytrade them. Position trades on Biotech's is closer to gambling in my opinion unless you know the sciences damn well and have close to inside information. SEPR is a little different today because of the volatility will offer some attractive bounces (maybe). I will still chose to stay away. Rory got it right. In and out for a scalp.

As I said before, a review of my past trades showed problems with "ME" trying to trade them. Good luck on your attempts. All you need is a few winners to get you "hooked".

Joe
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