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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: KM who wrote (17082)	6/12/1999 11:38:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 99985

>> go to your site frequently because I love the music on it <G> What is that?<< The music from my site is explained down at the bottom of the main page and has a link to the original composer's site for many of the songs. >> . ARe your short picks on there somewhere? << I may as well post this publicly since I have been getting a lot of e-mail and PMs about my picks. I moved my picks section to the secure BB section or else I e-mail them to the original group the page was originally built for. My picks are most often scalp trades looking for 5 dollar per share moves or roughly 10%. The group the site was built for uses my charts and we compare notes each weekend as to strategies (One of the group puts out a bulletin called the "Weekly WAG" where he picks some while I am picking mine, then we compare notes and views, discarding some and keeping the ones we agree on etc. A recent example was BGEN which I had as a long pick and he had as a flat to down biased pick. After a discussion, we came to the conclusion he was right and I removed it from the site. Anyone not going back would have missed the removal and been caught on the wrong side. (It dropped 8 points then rallied 18 , I am often early <ggg>) The later entry would have made nice change where as an unaware trader would have been torn apart probably getting stopped out at the low. I am afraid that if I were to post my picks without someone knowing what the targets were, what the signs of danger, qualifiers setting up the trade prior to entry and exit signals etc were, there would be hard feelings etc. Also many of my picks are for option trades only, some are stock plays, mid term, long term, and daytrades. Also when I pick a stock to trade,I NEVER post an exit since each of my groups members has a different strategy. Some buy and hold until a long term trend changes, others are in and out multiple times in one day. AS time passes and those that regularly frequent the site get used to the charts, I may add a few picks publicly down the road. Good Luck, Lee