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To: BANCHEE who wrote (8450)6/19/1999 10:43:00 AM
From: ~digs  Read Replies (1) | Respond to of 57584
 
Not sure if something along these lines exist, yet, but I'm looking for a some sort of software or website which would allow me to do some form of organized 'paper' trading. It could have online portfolio updates, you could set limits with it and 'buy on the market.' (The ap would just retrieve the data delayed er something... there's prolly endless ways of adding some realism to the software.) I would think there's a definite market for this. Consider the amount of finance classrooms that could make use of the product. What a fun and involved way to teach and learn about stocks.

Is anyone aware of anything similar to what I've described? I could benefit by using something like this before I begin trading again.

TIA,
Dave



To: BANCHEE who wrote (8450)6/19/1999 11:27:00 AM
From: ynot  Respond to of 57584
 
no problem, it was just my opinion, based on observations over the past seven years or so...should not inhibit MOMO plays...but...
you have to be very careful, for example, GMGC

to look at it you would think they have excellent prospects, partnerships, management and worldclass researchers...that's what you would think...looking at GMGC, imho, patents mean zero, no revenues which is a wonderful reflection on management considering the product 'potential' and how long they having been flogging it...etc, etc...
the most problematic part is the private placements and seemingly endless/bottomless conversions, again imho...near $5
if the price of this stock was less than $1, and it observed these patterns, i might be tempted to use the p word along with the d word

so be careful out there, there are a number of common elements...compay history, product value relative to competition and others...look at them closely AND even a MOMO is risky if you can't get out INSTANTLY when the velocity of volume slows down simultaneously to a pause in price increase

just a thought
ynot :)