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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Berney who wrote (6648)	8/26/1999 3:47:00 PM
From: MonsieurGonzo	Read Replies (2) \| Respond to of 11051

TB:" old dogs like us " >I think I will move to SPY, DIA, and QQQ. It would be a good prelude to where I eventually want to go, and that is to join the dudes on the futures thread. First, need to prove that I can make money trading the stocks... ...what I wanna do is learn how to be comfortable with momentum style trading, TB. You know - you and I are natural position traders, always looking for reversals - makes our outlook constantly "contrarian". what I wanna do is just "jump in", you know? Jump in to the trend and slide a trailing STOP behind my position. The very idea sends shivers down my spine (^_^) Maybe I should just start doing it, you know, and try to get past all my built-in prejudices and anxieties? Never too late to learn something new (this old dog said) -Steve

To: Berney who wrote (6648)	8/26/1999 11:40:00 PM
From: Gersh Avery	Respond to of 11051

Dudes!!! SPY .. QQQ ... Man .. gotta check it out! This place trades only: DAX-30 index, FTSE-100 index, NDX, SPX and something called the "Wall Street Index" Gold, Crude USD/EUR USD/GBP German Bund, US T-Bond That's it .. that's all they do. All orders have built in stops. The stop level determines required margin. NO COMMISSIONS This is the only place that I know of where you can have a limit and stop at the same time. indextrade.com This stuff moves like options with no premium. FWIW Gersh