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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (178)	3/13/1998 4:33:00 PM
From: Winston Kim	Respond to of 25711

Look @ ELNT for next week...Should run...Broke 52 high resistance...

To: Joe Copia who wrote (178)	3/13/1998 7:46:00 PM
From: stockid	Respond to of 25711

To: Joe Copia who wrote (178)	3/13/1998 8:51:00 PM
From: Scott Reynolds	Read Replies (1) \| Respond to of 25711

Joe, am enjoying your site and the other posts. I wish I could jump in but sank my funds into long term mining plays mostly. Just curious, do you hold anything over a few months? Thanks...sr

To: Joe Copia who wrote (178)	3/14/1998 8:05:00 PM
From: cm	Read Replies (2) \| Respond to of 25711

Joe, here I am a complete idiot about day trades... I try to go long where possible. So, why am I here? 'Cause I wanna learn how the other side plays. Not shorting. But, trading. A couple of, I apologize in advance, very basic questions which will reveal my ignorance... * Do you trade on the basis of events--like rumored upgrades, new deals in a pipeline, actual upgrades, Dow Jones and Reuters news wire stories, etc? * Or do you go by TA... which is a whole other subject that I know next to nothing about though I am doing some reading in the area... ? Or a combination of both...? * I'm sure you go into a position with stop-losses, right? Done that. Been saved lots o' problems. But, at what percentage below your entry-point do you put them...? * I've never invested in a BB stock. Oh, one of my worst dogs BECAME a BB stock 'cause of its problems. (WZTC: arghhh!) Let's say I place an order for 10,000 FAMH on Monday-- not recommending that, just a hypothetical--can I expect the same kind of timely execution I get from my normal NASDAQ plays? And, if there is a typical scenario, will this trade as 10,000 block or will the MM break it up into more manageable units? * Like I said, Investing101 kind've of stuff. But, hey, you invited me after our little NETZ discussions. Thanks and Best Regards, c m