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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: steve goldman who wrote (4076)5/10/1998 9:30:00 PM
From: ExCane  Read Replies (3) of 12617
 
Steve-
News on a sector or the market such as a Greenspan report, yes we wanna know. News on a company or it's CEO speaking positively, sucker play for most. At least it was for me when I've tried it. You are now in a race with another trader with their nitro-burning software to steal the stock and to sell it. It is an interesting quick demonstration of the greater fool theory though. Could you get a customer an execution over the phone on a news stock? Not likely. I would bet most lose on that type of thing. Haven't you ever pulled off a trade profitably to find out later it was on CNBC? Best not knowing. I would be surprised if you chase a news stock for your own accounts. Do you? Now for the important stuff- if she's still on, Terry Keenan gets my vote, Maria is OK. I've noticed some new talent but don't get to watch often. Happy Mother's Day to all.
-Alex
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