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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Jim Baker who wrote (5597)	12/18/1999 11:40:00 PM
From: MasonS	Respond to of 19374

Jim~ LOL...I can relate to that...have been doing it the same way...except I don't even know how to monitor the MACD...just watch Bid/Ask on Island and keep punching in Real Time on Schwab. I know I need better tools...and your question was timely. I've been lucky any number of times...but have taken some hefty losses as well. I would guess I need Level II? Mason

To: Jim Baker who wrote (5597)	12/19/1999 8:04:00 AM
From: Vendit™	Read Replies (1) \| Respond to of 19374

Jim You have asked a question that there is not really a canned answer to. I think all of us have our own set of tools that we trust as well as personal trading rules we try very hard to live by. I think the best answer I could give you would be two fold. 1- You seem to understand how to read and use MACD as an intra day buy-sell tool. My advice would be to pay the $25 to askRearch today and sign up for their realtime charts. You will have a greatly improved comfort level at this point as well as a great tool. askresearch.com (you will be prompted for a password, just hit cancel and it will take you to the sign up page) 2- Now ou need a java engine quote server that streams realtime quotes at you along with bid-ask sizes which gives you an idea of intraday supply vs demand and will allow you to see when heavy buying or selling starts. Hey how about one for free!<g> datek.com Click on "Register for streamer", you will be prompted to apply for an account. Do it........they will then mail you some papers to sign and mail back. In about a week you will receive a packet which contains your user name and password. You can use this to access their realtime quote streamer. Guess what Jim? You DO NOT have to fund the account you just opened! You still get to use the streamer for free. The streamer looks something like the one at the bottom of this page; www5.digitrade.com ======================= As far as a program that would have allowed you to stay in the stock past $28 I cant think of one. I rely on the daily charts and candles plus knowing where support and resistance levels are to tell me if Im going to hold over night or several days.