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.

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

To: TFF who wrote (1109)	6/13/1998 12:55:00 PM
From: Dan Celestino	Respond to of 2120

#Daytraders strategy, If playing #daytraders stocks/hype, check your tick chart for the following. 1. flat line = ok to play, still early, buy no higher than 1/32,1/16th off base(flatline) 2. up 1/16th from base = caution, already moved, person who hyped already in and waiting to sell. 3. up 1/8th from base = last one to the party, suckers play , you are buying hypesters and his accomplices shares If you must play hypester stocks 1. Wait for pull back to base, ride the second wave. 2. If feeling lucky, short 1/4 above base, Dan