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Strategies & Market Trends : LastShadow's Position Trading

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To: Alex Sharp who wrote (12357)4/8/1999 9:59:00 PM
From: Dave Shares  Read Replies (2) of 43080
 
Mr. Sharp

A word of friendly advice,

If you are going to trade an IPO on day one, you better
really know how to follow a one minute chart and follow trends.

On day one, an IPO can easily turn on a dime, and we could be
talking 5-20 points worth of turn. You also better have a brokerage that can execute real, real quick.

I know what I can and can't do, and I will not even try an IPO on
day 1. Too challenging for me. Maybe you'll do well, but please,
be careful.

David
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