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Strategies & Market Trends : 1-DAY-TRADERS on MOMENTUM - Short & Long Stock picks -- Ignore unavailable to you. Want to Upgrade?


To: Bob Kulchuk who wrote (1)8/9/1998 11:23:00 PM
From: 1-DAY-TRADER  Read Replies (1) | Respond to of 537
 
Bob, INKT is one of those over-valued stocks but one has to be very careful still with a NUT thing like INKT & EGGS. I would not touch (short)them unless the Dow Jones is getting bearish, and unless I see a double dip down, each of which is lower than the previous day's low. I made great money using those 2 quick rules in shorting ZAP & EGGS & WCAP. And, remember not to get too greedy. Take whatever profit you get and run within the shortest possible time, preferably 15-120 minutes, depending on the chart trend and rate of trading.

Remeber: Good DD & TA are most important in any profitable trade.

Good Luck to all

Best regards,
MARK



To: Bob Kulchuk who wrote (1)8/10/1998 1:27:00 AM
From: Sword  Read Replies (3) | Respond to of 537
 
INKT is a very dangerous stock to daytrade. It doesn't have enough market makers yet. This makes it difficult to predict short term directions on the LII screen. And it often has a very large spread. I stay away from it.

-Sword