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


To: Shadowed who wrote (26039)5/17/2000 12:29:00 PM
From: JLS  Read Replies (2) | Respond to of 57584
 
Hey Shadowed, welcome! First thing, keep in mind that most of the active traders are operating in a very short term time frame...usually one day or less, unless we are seeing some kind of unusual strength. I don't believe anyone here has given any compelling reasons for taking longer term positions just yet. We're essentially taking it day by day for now. So yesterday when I posted, you could have bought NTRO somewhere near 33 and rode it to around 39 later in the day and sold. Carpe in fact posted that he made exactly this trade.

NTRO is in a trading range from the low thirties to the high thirties. It's having a hard time busting through 40, so you could ride it back and forth within this range until something else happens.
Julie