WR's Momentum Trades Message Board

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Strategies & Market Trends : WR's Momentum Trades

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To: Kimberly Lee who wrote (6793)	2/23/1999 11:07:00 PM
From: Andrew G.	Read Replies (2) of 11130

Kimberly: That's where fast execution & level II is so critical. I've managed to fumble through a large profit over the past few months with neither fast execution nor level II. In about two weeks that will change with my new ISDN line installed and new online account. There are a few very critical factors to picking these fast moving momentum plays: 1) Chart pattern 2) Volume (the more the better) 3) Buzz on the message boards 4) Upcoming news (preferably more than 1 PR) DD doesn't even rate if you're day trading it. I swing/position trade so it's worth a few bucks for me to make a long distance call to the IR or company if I can. I was playing an old tape of The Who classics while working out this evening and couldn't help but smile when I heard Pinball Wizzard. This trading game so much reminds me of it. Reflexes & quick decision making. You are certainly one of the best at it Kimberly. Continued good luck.

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