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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (1651)11/29/1998 9:34:00 PM
From: shane hartman  Read Replies (1) of 90042
 
>i'm far from being nervous mrs.cleaver...i plan on day trading these
>stocks to death.....a point or two here and there and close the day
>100% cash will suit me just fine

You will need that MB trader if you daytrade these net stocks. These suckers can move a point in a minute. Way beyond the ability of fidelity order interface to deal with. But they do have some predictable patterns when the volume is up. I settle for limit orders based on gaps that fill sometime during the day (usually right about 10:45-11:45 on a dip) and sell in afternoon between 2:30-3:30. Nailed up 7 points on egghead doing this on friday.

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