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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Venkie who wrote (27215)	12/26/2000 11:42:26 AM
From: Eski	Respond to of 65232

63.67.239.182

To: Venkie who wrote (27215)	12/26/2000 1:21:36 PM
From: Voltaire	Read Replies (2) \| Respond to of 65232

I actually like it in here. For the next two quartersI think it will be a god trading market. I have quit posting all of my trades except to RJL by private message. I am having to trade hell out of the bottom of the Channel on NEWP. 12 trades so far. V

To: Venkie who wrote (27215)	12/26/2000 2:16:52 PM
From: Rhino Ray	Respond to of 65232

What do you guys make of FDRY being up today? Do you think it hit a bottom? It got pounded pretty hard. I thought it was from EXTR kicking their but competitively. But it did fall considerably. Do you think its worth picking up? BTW, I can't believe how many people got digital cameras for Christmas. All with 8MB compact flash. The first thing they all want to do is buy more memory. SNDK has to be a screaming buy at this point!! It has it all going for it. IPR, Peter Lynch's belief - look around and see what is hot and selling, ie.

To: Venkie who wrote (27215)	12/26/2000 3:24:12 PM
From: Jill	Read Replies (1) \| Respond to of 65232

If you do it the way they do in the room it's not that stressful. As in: 1) If you happen to hold a stock overnight, which you don't do that often, you sell into the gap in the a.m. For instnace, I actually went long JDSU planning to hold but this a.m. I decided to sell for 3 points at 42, bought back at 39, sold again for 41, and now am waiting again for a re-entry. Might as well trade it these few days. Did this in KEOGH. 2) You set tight stops--no way would you lose that much while in the bathroom. You would've been stopped out. 3) You watch a trading range and knowt he 20 ema and 40 ema and so on, and what the futures are doing...and when they are pulling back, the stocks pull back with them. Once the futures start to reverse, you can enter long and scalp your points. If on occasion it backfires as it inevitably will you get stopped out for very little loss 4) You don't risk huge amounts of trading capital. You do about 20-30% of your capital at most. You can use margin intraday but I don't (not yet). You ar eliquid at end of day. 5) Once you've made your day's pay, often in an hour or two you relax, and you only enter again if something is particularly juicy It would be totally stressful to me without the accompanying expertise above...