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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: KevinThompson who wrote (16402)	12/8/1999 12:35:00 PM
From: BANCHEE	Read Replies (1) \| Respond to of 57584

Kevin ,,,,,BANG,,,,,, Banchee

To: KevinThompson who wrote (16402)	12/8/1999 12:35:00 PM
From: Joe Smith	Respond to of 57584

WIND gapping again. Merger with INTS slipped through anti-trust without delay. Take a look...Both Internet infrastructure and Internet appliance play. Great thread on SI.

To: KevinThompson who wrote (16402)	12/8/1999 12:39:00 PM
From: Kanetsu	Respond to of 57584

Check out IWIN, media matrix top twenty shopping destination, ATHM and GE are investors, just inked deal with CPQ and the M/C is only 190 million. Looks like it's ready to run, excuse me it's running as a write, look for pullback, but should have room as it's only slightly above IPO price. I'm in iwin... kanetsu

To: KevinThompson who wrote (16402)	12/8/1999 4:27:00 PM
From: Rande Is	Read Replies (1) \| Respond to of 57584

Kevin, Believe it or not. . .I will often place MARKET orders, just so that I don't miss getting in on a stock that is beginning to get major heat. I almost never waste my time trying to squeeze and 1/8th out of a trade. . . if it takes 15 minutes to do. . .then multiply the savings by 4 and that is the amount you are working per hour. . . meanwhile, if it takes too much of your time away from other stocks, the 1/8th could wind up costing you more in not getting out in time on another stock. I won't place a market order is on any stock showing strong volatility. . . then I will place a limit order a 1/4 to 1/2 ABOVE the current ask. . . . To all. . . More views on buying/selling. . . . . . I take more time planning sells than buys. . .buys are easy. . .you want it. . check the T&S, check the charts, look both ways. . .then buy it. . . . But sells take planning. . . I triple check the charts. . from 60 minute to 15 min to 10 min to 5 min to 3, 2 and 1 min. . . looking at Stochastics, MACD, T&S, Trade Volume, Share Volume, Sector momentum, Market Momentum. . . . spending most time and energy trying to call the tops, rather than the bottoms. I usually exit in small trades. . .at a number of different levels. . . this way as the stock goes up on momentum, my sells are executing without me even paying attention. . . if I miss another leg of the run with part of my position.. . . that is fine, because I got out during one leg and still have some left for the next leg. . . .that diminishes my gains on the rise, but GREATLY diminishes my risk and time spent trying to time the top. . . .results in far fewer gray hairs and cursing. . . . even on a day as nuts as today. . .where I am trading a half dozen volatile swing trades. . . I can walk away end of day with no emotion one way or another. . . .I am approaching it more like a job. . . . The one thing that matters end of day is the bottom line. . . .so long as that increases daily, the rest doesn't matter so much. . . .the other thing is cool. . . if you lose your cool and your mood begins changing from day to day, in concert with your portfolio. . . then you are making a much bigger mistake than you may think. Your spouses should never be able to tell whether your day was good or bad. . .after the close. . . without asking. . . .if they can. . .then you are getting too emotionally attached to the markets. . .and that can NEVER be good. No matter what happens. . .work to stay neutral. This is called the "NO SWEAT" trading strategy. Rande Is