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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: Ken Wolff who wrote (1879)3/22/1999 10:21:00 PM
From: ozzi  Read Replies (1) of 2120
 
Ken I have been receiving your morning mails, probably for a year now. Can't tell you how much this has helped me learn the way of the market. I thought I was going to be devastated when you delayed your release of your picks. However, thus far it has prevented me from doing anything irrational when the bell rings, buying into the morning frenzy. I am a very small investor, with limited dollars, so my picks must be at a high percentage win, or I'm out of the game. By the time I receive the e-mail, the stock may have already made their bottom and sometimes working on the second bottom. To me this seems like a very conservative play. From this I can see what kind of spread I have to work with, between the morning high and low. Granted the profit is not great, but normally there is profit, which is a pleasant change. For instance, your SEVL call this morning fit the bill. If I can make one decent trade a day, I'm tickled pink.
Thanks for all the emails and classroom notes that you have sent out. Hope to see you in your room shortly.

Thanks,
Gary
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