WR's Momentum Trades Message Board

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Strategies & Market Trends : WR's Momentum Trades

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To: K_28e who wrote (4045)	2/2/1999 5:02:00 PM
From: Kimberly Lee	Read Replies (2) of 11130

thanks, K 28e. Most of the time, in the middle of furious trading activities, I rely heavily on my intuition. Early this afternoon when LA and I were looking at NTFY when it was around 5 1/2 to 5 3/4. I took a look at the intraday chart and briefly glanced through the story, but what convinced me the most was the ticker similarity with another one of our very favorite stocks, NTXY. I jumped in NTFY at that area (mostly 5 5/8) before doing more research. About 15 minutes later, I think the stock was still range bound around that area, but I finally had a chance to take a brief look at the tape, level 2,3 and the ECN books. I like what I saw but felt a little embarrassed that I had done practically no dds on it prior to taking a sizable position <ggg>

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