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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: wallacestevens who wrote (52530)7/24/1999 5:04:00 AM
From: Jenna  Respond to of 120523
 
Thanks for the two wonderful posts. I do understand the last poster however, because when you look at it from his view the market is flying in all directions threaders are mentioning stocks that are not on the list and confusion sets in. But he and other novices must understand that trading takes training. I post prices sometimes just so you get an idea approximately what the entry price was so you won't be 'off' by much. I post the exit because we are a business after all and when the exit seems clear like a good 2 points on a daytrade option or 3 points on a day/swing trade stock it helps to understand and adds to our 'track record'...

Also with the enormous volatility since end of April we are becoming perforce daytraders unwillingly even. Just to see ALLR up 6 than down 7 is mind boggling. But that is happening to almost all of the stocks. What he needs to do is get a 'lead on daytrading' for bigger profits, not scalping for 1/2 point but daytrading for 2+ points which is about 50-60% of the stocks ranges in our watch lists.

I just get peeved because so much work is going into this endeavor and its just physically impossible to be around 24 hours without rest. That is why we are doing a separate trading room with full education, and a completely refurbished and upscale cold fusion watch list and newsletter. We are making improvements, and adding features but don't confuse features with 'greedily' wanting everything in the world for the price you are paying. When I was at pristine, I enjoyed it. I learned from them. BUt I was out in a matter of months and I learned what I needed to start.. But that cost me $2,000 just those 4 months of 'learning'.. This guy can learn and paper trade for a lot less while he studies on his own.

Its inevitable the more subscribers we get the more questions we get and the more administration has to be done. We have a new programmer that will make us a highly interactive database oriented calendar and watch list, webmaster, part time accountant and soon part time researchers, and of course the real time trading room. We are growing very fast but I'm keeping up as best I can.

We are mindful of all that and the 'rookie area' will be opened within 4 weeks. It won't be a part of Market Gems but we will support it, and we see it as having a lot of potential. So without all these posts just waiting 1 month he'd have his chat room for probably another $25 buck or so a month and in no time he'd be a trader and save himself $3,750. So I hold no rancor..