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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (12557)12/2/1997 1:04:00 PM
From: Tito L. Nisperos Jr.  Read Replies (2) | Respond to of 70976
 
Brian, based on my studies, the stock goes higher 3 to 6 days and then goes lower in the same number of days or lesser. Often, the best time to buy is at 12:00 to 1:00 PM when traders are at lunch and the best time to sell is near the opening and near the close...A spread of 5 dollars gives you 500 bucks for a 100 share trade. 5 trades like that and you get back your capital for say a 100 share bought at 35 ---as the stock Yoyoes from the high 30s to the low 30s. If the stock Yoyoes from the high 20s to the low 20s, you can still trade for a profit---a 5 dollar spread will still give you 500 bucks each round-trip trade.



To: Proud_Infidel who wrote (12557)12/2/1997 4:15:00 PM
From: Jacob Snyder  Read Replies (5) | Respond to of 70976
 
brian: re: the idea of getting 5 points here and 6 points there

I like the idea too, and I would love to be able to do it, but I'm sceptical about doing it consistently. I invite you, and anyone else who thinks it can be done, to post exactly what they do, when they do it. In order to be usefull, you must post every trade, not just the winners. It would also help to post the reasoning behind each trade, using a consistent and clearly stated strategy. Saying, "I had a hunch" isn't usefull. Thanks in advance. Good luck.



To: Proud_Infidel who wrote (12557)12/2/1997 6:18:00 PM
From: purecntry5  Read Replies (1) | Respond to of 70976
 
Trying to pick highs and lows is like chasing the wind...be happy to get a piece of the pie on the movement. And this isnt the time to be heavily margined IMO with the volatility and overnight warnings we get. Issues down 20-40% with NO CHANCE to react are all too common in todays market. Good Luck and Happy Holidays

Cowboy Brett