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

To: Rande Is who wrote (49821)	3/27/2001 11:20:36 AM
From: HiSpeed	Respond to of 57584

<. . . . and open as many accounts at E-Trade, Wit Capital, DLJ or other companies that specialize in IPOs. . . .hoping to flip as many shares as possible. [some of the most lucrative +500% to 1000% gain reports in the past years have come from those with literally hundreds of brokerage accounts. . . .each account assigned 100 shares of each IPO which were then flipped on the first day of issue. . . though I am not sure if this loophole has yet been found] > yes, etrade found that loophole. not that it matters in these market conditions as there aren't any ipos worth pursuing

To: Rande Is who wrote (49821)	3/27/2001 12:12:05 PM
From: moufassa7	Respond to of 57584

Rande Is, you are describing what is called a "trader's market". Don't worry about volume yet. Price preceeds volume. In other words, bull moves can start with light volume, only after an uptrend is established does volume increase. I have no idea if the market is going to begin a bull market or not, I'm just a trader and have no long term opinions.