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Strategies & Market Trends : Want to make $1000 a week trading.....I'm going to try!!! -- Ignore unavailable to you. Want to Upgrade?

To: Mike Winn who wrote (21)12/7/1997 9:44:00 AM
From: LPasko  Read Replies (1) | Respond to of 1100
 
This thread has certainly got everyone excited! It seems like the consensus is that a day trader can make a terrific return once he/she/it knows what he/she/it is doing. Let's throw two more carrots into the stew: 1. Must a day trader have no open positions at the end of the day so as not to be caught by an overnight surprise? 2. What about always having a "put" in your portfolio (this is not as painful as it sounds) or a short position on something so as not to get caught with your pants down & wiped out if the market suddenly heads south a la Oct.28?



To: Mike Winn who wrote (21)12/7/1997 3:58:00 PM
From: Dan Ross  Respond to of 1100
 
Biotech......all sizzle, no steak.....At least that's what Lynch says about them.....I'll talk to a friend of mine that researches alot of biotech companies...He was the biotech analyst for the summer where I worked....he's back at school and knows all the technical jargon....He's smart as hell too......He's trying to work for J&J, Monsanto, etc....finding start-ups with new processes, products, etc....

Dan Ross


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