Charts for Bottom Breakout Message Board

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Strategies & Market Trends : Charts for Bottom Breakout

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To: D-1 who wrote (2531)	5/27/1999 10:08:00 AM
From: Ed Huang	Read Replies (1) of 3105

Hi D-1, Thanks for the on-line broker rating site, some good stuff there. Trying to profit from the bid and ask spread is so call "scalping". This can be done provided the price does not fall after you purchase the shares and sell them, and the stock is liquid enough. CPU has some support at around 7 1/4, relatively safe short term, it has a good chance to move back up to $8+, but if it doesn't move as expected, I will sell. I traded KEP a few weeks ago and I like the move and the volume yesterday, so I traded it again, sold it at 16 1/4 today. Also sold YHOO at $139. Good trading.

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