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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: ekn who wrote (40632)	7/8/1999 9:40:00 PM
From: Jesse Livermore	Read Replies (2) \| Respond to of 122087

Crazy like a fox. You have to have a feel for the trading. Today was all little guys. Average trade size was less than 800 shares. The pros are still waiting like the day it went to $38. Nothing fundamental has changed. So, my strategy is to day trade the stock. Wait until there is no news in the morning and watch. Put the finger on the trigger and watch. Watch the ticker and the volume. When you see some large block sales come in with a few down ticks this rally is OVA*H....pull the trigger. And, heck, it went from $38 to $18 before. That is 20 points. While it won't go down $20 in one day, I think there is a shot for a quick dip back to $25. Then we load up and do it again.