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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: swisstrader who wrote (67626)1/26/2000 5:57:00 PM
From: RickFlorida  Read Replies (1) | Respond to of 108040
 
Folks with JNIC and INIT should be happy tonight after that CNBC pick and opther good news on JNIC. Wonder what news is with ODIS. up after hours strong. I got some more today at 15 after selling mine earlier.



To: swisstrader who wrote (67626)1/26/2000 7:27:00 PM
From: lightfoot  Read Replies (3) | Respond to of 108040
 
Speaking of AH trading, I have a rule pasted on the monitor that says sell in after hours, don't buy into the shorting. I am able to see INCA, & REDI and NITE with Quote.com's level II, and it is a shorters paradise. The small investors come in and buy up a stock on Island, and then the big money comes in through INCA and shorts the hell out of it. VVUS was a good example of that tonight. Only on a few occasions where the big money is buying instead of shorting does it go up. But that seems to only happen on the large cap issues. Just my 2 cents.

Has anybody else been struggling with their trading in this bearish market. I have been working overtime trying to tune my strategies to the environment. Part of my problem is no patience, if the stock goes down 5% I'm out. Like yesterday, bought PLUG at 120 sold at 119, got pissed and went and took a shower, in 20 minutes it had gone down to 117 and then shot up to 123. It is awfully hard to keep looking over my shoulder at the DOW and the NASD and try to trade with the trend when it moves so rapidly in one direction and then the other I get head faked.

I agree it is very spooky out there, all Indexes are breaking down and falling below support. Tomorrow looks like another down day to start, and if we don't get a rally late afternoon it could get real ugly.