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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (8605)	3/25/2006 6:29:50 PM
From: sixty2nds	Read Replies (2) \| Respond to of 13449

That is really great information. I'm not hung up on the # of shares. A percentage gain is a percentage gain. So now what do I start first...the reading or the journal? Let me guess, the journal. Do I go back, dig out the old trade records or start with the last series of trades?

To: chowder who wrote (8605)	3/25/2006 7:12:26 PM
From: ridingycurve	Respond to of 13449

<<Therefore, I eliminated low priced stocks from my scans and will very rarely play a low priced stock.>> There was a column in Forbes last year which mentioned that low priced stocks such as LU were the province of professional traders from the big houses like GS and MSDW. Their intent is to scalp a few pennies per share from huge block trades. This trading was said to explain the extraordinary volume in such stocks. I prefer not to go head to head with these guys, especially when a few pennies can translate into a percentage point.