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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?


To: Ken Wolff who wrote (1105)6/12/1998 8:18:00 PM
From: TomO  Respond to of 2120
 
What a great post!
My wife has been following various chat rooms and has noticed the same thing. I'd enjoy exchanging some names she's found just to see if you've noticed the same or not, but I certainly won't do it here. One thing she's thought about though, if you can get in as soon as the hype is posted you could probably exit with a small gain when the 'herd' comes thundering through. But that is risky also. I know, we've lost almost 2/3 of my trading capital trying to find the one that works.
Keep up the great work.

TomO



To: Ken Wolff who wrote (1105)6/13/1998 12:34:00 AM
From: whuffo  Respond to of 2120
 
Ken,

An excellent post. Unfortunately it isn't just some of the public chat rooms. I used to be a member of one of the other paid chat rooms (who shall remain nameless but I'm sure many readers know it) and there was no way that anyone could make money on some of the calls unless they were in them 10 minutes before they were called on the room. The flock ran it up, the leader silently sold out and then the stock tanked leaving the flock with a loss. They (and for a while I) paid for this privilege.

Thanks for running the finest and most honest board on the net.



To: Ken Wolff who wrote (1105)6/13/1998 12:41:00 AM
From: freelyhovering  Respond to of 2120
 
Ken--Thanks for the public service message. Keep up the good work. Myron



To: Ken Wolff who wrote (1105)6/13/1998 8:28:00 AM
From: TFF  Read Replies (2) | Respond to of 2120
 
#DAYTRADERS Chatroom Tips:

Message 4603899

Cheers!