Tokyo Joe's Cafe / Societe Anonyme/No Pennies Message Board

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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: oden67 who wrote (27624)	12/14/1998 11:26:00 AM
From: J D B	Read Replies (1) of 119973

the money was made on the short side - he even mentioned this in the 10:00 AM notice I think that when he says this trade is for experienced daytraders only he's in effect saying that if you don't know the pattern of this trade in advance then you shouldn't be in it. the pattern is a run too fast to get on unless you're placing market orders (this is what the inexperienced do in haste), in which case you get bought in too high; then it dumps back to within 1/2 - 1 point of where it started the run - it will then remain in that range the rest of the day.

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