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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: Pullin-GS who wrote (254)1/14/1998 6:09:00 PM
From: wmwmw   of 2120
 
Usually I would not touch a stock with higher volume and price change but no news, there may be some rumur, but too risky.
Those who bought GERN yesterday at below $12 may have a nice profit today but what if the rumur is not true.
Trade a stock when the news already out, then you have small chance to catch another unfavorable news - like GERN, I don't think it will have another news, very small chance.
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