Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: olivier asser who wrote (90382)	1/28/2005 12:09:16 PM
From: Dave O.	Read Replies (1) of 122087

< Notice how Merlin, that's Chris Rea, lead TP analyst and owner, has called a single stock, Yahoo (NASDAQ: YHOO) three times during the first sixty minutes > Exactly HOW clueless are you? Back in the late 90's internet stocks were moving considerably intra-day. I saw guys make as much as $40K per day. They also lost $10K or $20K on other days. They traded YHOO, DELL, AMZN, etc. Nothing goes straight up (intra-day) or straight down. Real traders know this and attempt to exploit the intra-day moves. On the day you cite, 12/8/99, YHOO had an 18+ point intra-day range. So what's your beef on 3 trading calls within an hour? What's wrong with locking in profits? Then considering another entry (long or short)? Is that illegal? More uninformed statements from the "securities trader". YHOO 8-Dec-99 (Open) 324.00 (High) 329.31 (Low) 311.00 (Close) 319.63 (Volume) 24,906,900 On 12/7 YHOO had a 67 point intra-day range. On 12/6 it was over 32 points. You get it yet? Day traders jump in and out and lock in profits.

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