Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Eric P who wrote (1656)	7/8/1999 7:20:00 PM
From: Cash	Respond to of 18137

I'll take it another step further. I put orders in to short at the open on a number of analysts recommendations. If it starts going against me, I cover quick, other-wise I just ride it down. The higher it opens, the better (this is a NYSE SuperDOT technique). Generally I find myself with a few little losers, a few little gainers, and a few big gainers. Generally speaking, the "GET ME OUTTA THIS STOCK!" technique works (or maybe it's just the money management). I just picture a phone call in my head where a big buyer has told his broker "You got me into this thing, it's a dog, get me out NOW!"... the analyst pumps the stock, some buyers jump on it and guess who's selling to them. You know, kinda like when someone comes on this thread pumping a stock ;)