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Pastimes : Georgia Bard's Corner

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To: Binder who wrote (4355)7/28/1998 2:08:00 AM
From: Qone0  Read Replies (2) of 9440
 
You are getting close to my thoughts Binder.

These people are day traders. Day traders buy with limit orders to beat each other in and sell with limit orders to beat each other out. Front running is the name of the game.

Now i do read the day trading threads because i use momentum as a tool to find good company's. I never buy during the day trader run i always wait for the dump.

Lets look at the history here. First Big Dog and Copia attack TMEX driving him off his thread to a new thread. This works for a while until a few of their picks tank with out running up first.

Then TMEX attacks them using the tanking picks to pull some support away from them. Now the buying power is so spread out none of their picks move.

Next they all get together and support a good pick TEXN.

Next Copia wants the group support on his pick. Big Dog and TMEX give him support but at the same time start putting out picks of their own.

Now the group splits apart and the attacks start again.

Now we have new people attacking Big Dog while leaving out other names. Makes me wonder if we are seeing some new day trading guru's here.

This entire post is my opinion........ROB
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