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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Kelvin Taylor who wrote (47677)	4/10/2003 7:15:21 PM
From: DanZ	Read Replies (2) \| Respond to of 53068

Kelvin, You missed my point entirely. I wasn't talking about 5 minute flips. There used to be something known as investing. It went out of favor during the hype days of the late 1990s. I trade some stocks and invest in others. My favorite trading stocks have a lot of liquidity and high volatility. Examples include FLEX, ORCL, HD, etc. I can get in or out of 10,000 shares of any of those stocks on a single market order within a penny or two of the bid/ask if I wanted to. I sold 7,000 shares of FLEX at the bid the other day without moving it even a penny. When you buy or short a stock for a trade, you should bail quickly if it moves against you. When you buy a stock for an investment, I think that you should put a lot more emphasis on fundamental analysis than technical analysis. If you use technical analysis for investments, it's probably better to use a long term chart like the monthly chart if you feel more comfortable letting the chart guide your trades. MTXX has not been a good stock to trade the last couple of years because of the narrow trading range and low volume. <watching for signs for trouble early and bailing quickly.> I don't see any signs of trouble with MTXX. On the contrary, the fundamentals have improved steadily the last four years. As long as the company continues to meet my investment criteria, I will hold the stock. If something goes awry, I'll sell it. I'd love to hear more comments on MTXX as an investment if anyone has any.