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Strategies & Market Trends : WR's Momentum Trades
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To: ciVic who wrote (4774)2/5/1999 8:50:00 PM
From: Tom Allinder  Read Replies (3) of 11130
 
CiVic: If you never listen to anything else anyone ever tells you again, LISTEN TO THIS:

1. NEVER BUY A STOCK VIA AN ONLINE BROKER OR PHONE BEFORE THE MARKET OPENS. THE MM's see your order sitting there for the open and lick their chops at hanging you.

2. NEVER BUY AT THE OPEN. TLTG will open at a minimum of 2 1/4 Monday morning. It will likely run to 2 1/2 or higher. It will then pull back to low 2's. Buy when others are selling. You will get quick fill that way.

3. FINALLY, IF YOU DON'T HAVE REALTIME AND UNDERSTAND HOW TO USE IT OR UNDERSTAND HOW STOCKS UNDER DEMAND MOVE, ---- DON'T TOUCH THIS ONE WITH A 50 FOOT POLE. STAY OUT OF THE WAY.

4. TWO KINDS OF PEOPLE MAKE MONEY IN THESE STOCKS... MM'S AND PROFESSIONAL TRADERS.

You are likely too late, find something else. Have a look at PLCO.

Tom
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