Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Pat Allen who wrote (12692)	12/5/1997 4:07:00 PM
From: Gottfried	Respond to of 70976

Pat, congrats to today's gains and I appreciate your posting your trades! Good luck. GM

To: Pat Allen who wrote (12692)	12/5/1997 5:51:00 PM
From: Tito L. Nisperos Jr.	Read Replies (2) \| Respond to of 70976

Pat, Although I've not been saying anything, I've been watching your trading moves. I can learn from your quick moves; my wife usually chides me for my turtle-like selling moves...Selling as the stock begins to turn down from a spike-up in the morning (especially when there's a Gap to the upside), then buying back as the stock settles down during the middle hours of the trading session, then selling again at the spike up as the close of trading nears and buying back after the stock turns down just a few minutes before the close---I've been toying with that idea for Day-trading; I'm glad you're giving as a demo of this... Meanwhile, I'm still holding the stocks bought last week at 32 3/4 in my wife's IRA and 33 9/16 bought yesterday in a joint account with my wife. I'm gunning for weekly trades where the Hi-Lo spread is about 5 dollars for a period of 1 to 5 days. Later, I'll do Day-trading stocks (I've been doing Options) to drive away the boredom caused by the stock's languishing near the bottom...I'm long with LEAPs and other Options, so I'm not afraid missing the stocks huge move to the upside later.

To: Pat Allen who wrote (12692)	12/6/1997 6:49:00 AM
From: MoonBrother	Read Replies (1) \| Respond to of 70976

Pat, If you really like to day trade, I recommend you to switch to Datek. You will get unlimited real-time quotes and fast trading confirmation, yet the round trip commition is just $20. I used to trade with DLJDirect, and have recently switched to Datek. I'm very happy with it. There is another even cheaper brokerage firm called Ameritrade. The round trip commition is only $16, and you get the first 5 trade for free. datek.com ameritrade.com Good luck on your day trade! Enjoy this weekend if you can, 'cuz you might have some not-so-happy weekends coming... Day Trading Is Very Dangerous! MB