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Strategies & Market Trends : Three Amigos Stock Thread

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To: Street Walker who wrote (10590)11/25/1998 6:43:00 PM
From: LTK007  Read Replies (2) of 29382
 
SW,looking for some advice from a highly experienced,full time daytrader--and you fit the bill.I also see that you utilize SOES,so I think you can help me out here.Mark you I am very happy to have bought
BAMM at 3.5 and sold at 8--but I saw something today that I think
gives me a clue to what happened to BAMM on the 2nd Wave run-up--
at 10.33 I saw briefing.com listed BAMM as a stock in play---I waited
to 10.55 and nothing was happening--so I FALSELY assumed that because
there was no strong response to Briefing.com I took my profit--
and a few minutes later the stock runs from 8 to 16--I am thinking
now it takes 20-40 minutes for organized group of traders to do
their e-mail alerts and coordinate a spike---and that they play the spike both ways,as they are selling their buys and short selling
on the fallback---is this fantasy on my part,or am I seeing some reality here? Good Luck,Max---P.S> Point is,though,I will wait at least 30minutes before I decide to sell if I am in a similar situation.
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