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Non-Tech : MB TRADING

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To: kaz who wrote (2052)11/20/1998 4:29:00 PM
From: TraderAlan  Read Replies (2) of 7382
 
kaz,

Sure don't know why a SOES market order was rejected. DELL is on another planet so there are probably rules why even market orders don't work there (actually sounds like the system just getting constipated on the massive volume).

Was going to suggest contacting Baron R directly but I see he already jumped in. Just shows the power of SI. Everyone (including myself) with a commercial stake in the day trading business pays close attention to the threads here. Believe he's also an MB trader (which BTW I'm not).

Baron suggested stocks in the .5M to 2M category, likely to take advantage of slightly wider spreads. I've had better luck with more liquid but a little less volatile issues. WCOM is a great stock to learn day trading. High volume but stable enough that it doesn't screw you inside a minute most of the time. AAPL has its days but sometimes just sits there. ASND is nice and smooth 80% of the time, then, goes psycho the other 20%. SUNW is another one that trades its trend fairly consistently. Also TLAB. Chips are a real good play these days. try ALTR, AMAT.

As hard as I try, can't get into the Internet stocks except for NSCP. The crowd that moves them is way too odd for me to understand.

Alan
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