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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (54050)8/19/1999 12:05:00 AM
From: Jack Colton  Read Replies (1) | Respond to of 90042
 
Yes. He really does. But he is 15...

An example of how not to day trade.

The other day, when RHAT IPOed, I correctly read the dip, and bought in at 41 3/4. Then my RealTick III system froze up or something, because I got bad data, that indicated the stock was going back down in price, and I sold it for a profit of a tiny. But the time my sell executed, it must have been a point higher, and it ran almost non-stop to the 80's. So, once again, a defeat was nabbed out of the jaws of victory.

But, I've consistently made good money on your picks Tim. Keep up the good work. I've got CSCO in a long portfolio and have kept it through the last two (or three) splits.