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

To: 1-DAY-TRADER who wrote (12)	8/10/1998 5:10:00 PM
From: RockyBalboa	Read Replies (3) \| Respond to of 537

Hey 1-Daytrader. Market Action in 10.8. Nice action today, last 1/2 hour people awake? Close some INCLs today early, b 5,25 was a good price, I will reopen tomorrow or on Thu, when the price crosses some 5.4375 (todays AVG plus the spread). Is difficult to get such a low ask, but at 507 /509 it was a quick take. Whats annoying is that this deer is no good for bigger size. Even in small crap you can dump 5000 on the spot (I don't do because when one does, can be sure that a MM steps inside bid shortly after. Why leave some inches for nothing?). Others to look: OMM (but more on the hi side, as it might run up to $8 on onetimeearnings, is good for short much later, after it has run up, and dries out). ENML has become marginable again, so hit it hard on the next uptick. If there is no uptick, make one.I sold some pieces at 5 1/4. I got easiest fills on the buy side, today and a nice fill minutes before bell at 5*1. Jacks stepped in milliseconds later. So this is an indication that customers get bid filled at almost any price, just beating the stud MM. I just had to beat the old 5 bid. For me trade action got clear and that stock must go downto 3 again. ENML makes toothpaste that fills all caverns (?) and markets it thru consumer stores like Kmart. Business is tough going..., bid retailer chains squeeze the hell out of suppliers. No action in IBIS today, eh. Got a bit deerer, this deer? At present, I have no idea why to short it rightaway and since its rising with nice trade pattern, why not riding it a bit, this seabiz? About your indicated shorts from sat, I definitely will pay attention and do some reading this night, had no time Sat and yday. Have got ill and stayed in bed with headache. But if it is a fundamental short, regardless of price it is never too late. If it is transient, like incl or and, immediate action is not coward. Greetings Chris