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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts
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To: Joe Copia who wrote (296)3/21/1998 7:10:00 AM
From: Lal  Read Replies (1) of 25711
 
Joe & others who have written,

I wish it was something one could bottle and sell (I'd be a big buyer), but the fact is, I am largely a rumour/gossip/hunch player when it comes to the Penny's. And I have had a fair bit of luck of late. I live and work in London, and get into my office around 7.30am local time, which gives me tons of time to read all the boards, check out who is saying what, and to look through all the charts, before NY opens. I add/subtract between 3-6 BB issues everyday from my portfolio, not dissimilar to Joe's strategy. I also have my 'quality portfolio', largely made up of high tech/internet related issues, which I DD to death and tend to hold indefinitely.

I have had plenty of bad calls of late...bought BAAT at 1.5 first time, and then chased it right up to 2.95 second time around, so I'm sitting on a load of that at an average of 2.22.

I'm not interested in doing anything other than finding the odd good issue and sharing it with some cyber-friends. CHES was a particularly good call - quite pleased with myself on that one - got a lot of London based mates in there just in time as well.. I will continue to drop my suggestions as and when they occur. Wish you all great luck and a good weekend.

Larry
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