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To: funk who wrote (4086)5/10/1998 9:36:00 PM
From: Ron McKinnon  Respond to of 12617
 
funk
re: CNBC and day trading

there may be 1000 different, right ways to make money in the market
there may be 5000 different, wrong ways to lose money

but CNBC does move individual stocks, sectors, and once in a while the entire market

at any given time a specific stock may move for a single reason or because of the net result of dozens of reasons
but it moves because people are placing buy or sell orders

CNBC causes people to act/react
people place orders
orders moves the price of stocks

if A=B, and B=C, then A=C




To: funk who wrote (4086)5/11/1998 10:55:00 AM
From: Susan Saline  Read Replies (1) | Respond to of 12617
 
CNBC news play

current this morning

time 10:23
mention of PQT rumor takeover/buyout
was current trading at 3.50

within seconds I place market order
fill at 3 5/8

watch ticker
moves fast

time 10:48
place market order to sell 4 3/16 x 4 5/16
sells at 4 3/16

cha ching!!
+9/16

a 15 minute trade

that's how I play CNBC

sue


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