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


To: KM who wrote (2524)8/7/1999 3:42:00 PM
From: ynot  Respond to of 18137
 
excellent logic, if SI IPO's it would also work well
ATHM (my connection) 'problems' allowed me to pick $35 downside
too bad it was an 'intellectual' pick as i didn't short or go long at the low of about $36
still, it is useful to 'simulate' how certain actions may influece price 'reaction'
NETP has been useful for me in this way, no position (like ATHM) but thinking about the sector, competition, VC motivation, IPO process, etc...helped me peg $18-20 range when it was $28, $16 rang when it was about $20 and $14 when it was over $20
my thinking was if it closed less than $14 employees, etc... would dump and it would drift to $8 (about $11 now)
for me this mental excercise (not paper trading) is useful
does anyone else do anything like this?
tia
ynot ;)



To: KM who wrote (2524)8/7/1999 4:27:00 PM
From: Richard Estes  Read Replies (2) | Respond to of 18137
 
There are many ways to get there.
mindspring.com

I know a buddy who made one of the trades of his life, because he forgot he owned a stock for about 2 weeks. He thought he had sold it.



To: KM who wrote (2524)8/7/1999 5:55:00 PM
From: mr.mark  Respond to of 18137
 
"I shorted it because I tried to get onto the site and couldn't log on."

using the above criterion, SYMC would make a great short. their tech support sites are often pitifully bogged down. not a good sign for a support page.

:)

mark