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

To: BarbaraT who wrote (102477)	5/3/2000 8:42:00 PM
From: puborectalis	Read Replies (2) \| Respond to of 108040

E and B were the letters of the evening. E-commerce and B2B stocks were rocking the house. VerticalNet (VERT:Nasdaq - news - boards), known as Vert to late-night lurkers, was having a bit too much late-night fun, boogying up 3 1/8 to 54 7/8 on 16,000 Island shares. Vert owns and operates 55 industry-specific Web sites designed as online business-to-business communities, known as vertical trade communities. It popped on the scene two hours into the session and exploded for no particular reason. Commerce One (CMRC:Nasdaq - news - boards), a provider of business-to-business electronic commerce solutions that link buyers and sellers in trading communities over the Internet, bounced as well, up 1 5/8 to 57 3/16 on 20,000 Island shares.

To: BarbaraT who wrote (102477)	5/3/2000 9:19:00 PM
From: John F.	Read Replies (1) \| Respond to of 108040

Barbara, Sounds like we all could use some lessons from this guy. I have a few questions. Answers to any would be appreciated. I have asked quite a few, so, don't worry about answering them all ... I am curious what kind of system he has and where he picked up his trading skills. Has he worked for a trading firm? Did he get started in one of the day trading rooms? How long has he been trading full time? Do you know who he now executes his trades through? What kind of strategy does he now employ? Is he mainly into shorting overvalued stocks, and if so, is that a new focus for him as of the April trend reversal? Does he play the SOES game, Options, Equities, or Futures? Does he pay any attention to fundamentals at all .. or does he just watch the charts? Since I doubt he spends any time on the message boards, how does he identify prospects for his trades? Does he make notes before the market opens and then play the big stories of the day? What kind of system does he use? Does he have 5 computers all networked together with a T1 line? Is he on Windows NT, Windows 98, or what? How long has he been at it? Does he have a long track record of highly profitable trading? What kind of capital does he have available to trade? It's one thing if he makes 150K a day on a 3 million base, and it is quite another if he is making 150K a day on a 1 million base.

To: BarbaraT who wrote (102477)	5/3/2000 10:21:00 PM
From: John F.	Read Replies (1) \| Respond to of 108040

Like you Barbara, I mainly buy and hold .. It has worked well over time. This last month .. well .. few have done well. Just curious how this guy does it though. But, I do not see myself making hundreds of trades a day though. I expect he is the exception rather than the rule. I do not think trading that much works out for most. I just want to improve on the trading strategy I employ, and, I would like to go to the beach more often ..

To: BarbaraT who wrote (102477)	5/4/2000 2:42:00 AM
From: SirRealist	Respond to of 108040

>>he has more than 1000 trades each month. I think I would be walking around shaking and talking to myself.<< 3000 trades??!!! And sleeps well? He can only (a)have rich parents or b) have a great supply of drugs. I find I trade more when I'm not succeeding. And though I've never counted, I bet if I counted every buy and sell, I've never come close to 300. He's claiming peace and comfort on MORE THAN 24 buys and 24 sells per day.... or a transaction MORE OFTEN THAN once every 8 minutes. Plus research AH? And lots of beach time? Sounds like he should quit the meth and try Ritalin?. <gg>