Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (41897)	9/19/1999 11:21:00 PM
From: MileHigh	Read Replies (1) \| Respond to of 152472

Uncle, RE daytrading, I am in the Q club, but on FRI bought 100 shares in my taxable account @ 181.5 and sold @ 187.5 the same day, not a lot of money but easy money nonetheless. My point is that the thread is right about the daytrading firms making the money thru churning because the pure daytraders would have made 10 trades probably to earn the same 6 points, while I simply round tripped it ($60 Schwab) for 6 points. This is an example of using the technical strength of the stock to jump in and out w/o touching your core holding. I will use a pullback to say 175'sh to go at it again. Regards, MileHigh