Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Ga Bard who wrote (15680)	5/24/1999 8:00:00 AM
From: ChrisJP	Read Replies (1) of 25711

Hi Ga Bard, By the way, you're one of those people I've seen on SI for ages but never posted to. Same with Joe Copia until he posted on the "Susie" thread. Great advice, as hindsight always is <grin>, but if you think a stock is worth .10/share or less, it's very difficult to buy in the teens expecting others to buy your shares at much higher prices. No doubt the fix was in to catapult HNLY to its current levels, but if you're not in on it, it's tough to judge when the party will be over. Heck, I thought CDNO was a shoo-in for a gap to .20 on Friday morning. So you can already see my stock guessing skills in action. I watched HNLY most of the day on Friday, and definitely picked up on the fact that there was very little selling (or at least the MMs kept good price support). But at times the trading was violent, too fast for me to watch and make buy/sell decisions. The strong close after such a runup and before the weekend was very puzzling -- I didn't expect it. Good luck to everyone today ! Regards, Chris

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