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Strategies & Market Trends : WR's Momentum Trades

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To: star56 who wrote (5712)2/15/1999 2:01:00 AM
From: MoneyMade  Read Replies (2) of 11130
 
My response to DM: There are alot of games being played in the market...I have shorts
watching my @ss at this very moment, to short me on a rally. MTMC,NTFY perfect
examples!! Also look at APNT..Copia called an alert on that one and the MM's trapped
him!!

I will NEVER:

1)Announce a stock that I am not in...85% of the time

2)Announce a pick 24hours in advance unless it's absolutely critcal...

3)If i give you an alert, you bet your ______this stock is hot!!

4)I like to announce most of my picks near the close to assure the best possible entry
price....IF YOU DON'T LIKE IT TOUGH!!
As you know most stocks gap up in the A.M. and settle down near intraday periods.
TMEX used to always give his picks one hour after the market opened as to avoid
buying at the top, he was right! I am a momentum trader, i play the momentum on the
stock!! I typically don't care about earnings or what a company does..Just the quick rise
for profits.

Remember most shorts close out their positions near the close if they don't then
they'll get crushed!

MoneyMade

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To: MoneyMade (429 )
From: Daniel Miller
Monday, Feb 15 1999 1:06AM ET
Reply # of 432

Sorry about that Money. But sometimes you do pick a stock late. However, I do nkow
that you make alot of great picks before hand
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