Vivek's Intraday Picks Message Board

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Strategies & Market Trends : Vivek's Intraday Picks

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To: DanZ who wrote (29)	11/14/1996 10:55:00 PM
From: Terry Blount	of 323

Yes... vcai was a good play. I noticed everyone getting into it in the Daytrader's chat room and I actually placed an order at 8 1/2 but it went to 8 5/8 before my order had executed and I noticed some traders jumping out and decided to cancle. Should have played it though! Do you hang out in the Daytrader's chat room on the undernet network? It REALLY helps a lonely trader to have so many extra eyes looking out for tricks the big guys are trying to pull. BTW... don't know if you like to short but here are a couple IPO's that look to me like they are about to implode: SPLH, SEAC Also I'm watching for potential shorting of MNPI, PTEK and CMGI starting tomorrow. I usually don't short in unless they fall back about 5 to 8% and bid - ask spread is resonable... of course I have to deal with the uptick rule... but my research (and experience) has show me that there is a LOT of potential in shorting these fast gainers.

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