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

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To: Ken Wolff who wrote (664)3/7/1998 7:55:00 PM
From: TraderRick  Read Replies (2) of 2120
 
Hi Ken

I want to thank you for taking your time to post such meaningful subject matter to the thread, it's one of the 3 that I read on SI. I receive your morning E-mail and the afternoon summaries and have found the afternoon information more helpful in checking to see if I'm watching and trading the same things that are happening in your room. The morning E-mail I find has mostly things that I haven't tried trading yet, and probably are more helpful to traders in your room with your recommendations. I started my daytrading with dumpers and that is what I concentrate on for now. A couple of questions. Some of people in your room were trading FPAM Fri. The only news I've seen was out Fri AM, how come the dump late in the day? I did trade it for a quick 7/16, didn't want to hold over a weekend. Are the percentages high enough to risk holding it, even over a weekend with a nervous market? Any further assessment of MB Trading?

Thanks

TraderRick
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