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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: Brian Moore who wrote (3031)10/7/1998 2:18:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 7247
 
i think i should change the name of this thread from position trading to day trading because how can you hold anything overnight?

this a very uuuuuuuuuuuggggggggggglllllllllllyyyyyyyyyyy market.



To: Brian Moore who wrote (3031)10/7/1998 4:38:00 PM
From: Quiveringtrader  Respond to of 7247
 
Brian...I understand there was a proposed buyout from a bogus firm. When the news of a buyout came the stock rose, then after finding out that the firm couldn't buy a paper sack, it initiated a sec inquiry...thus the retreat. I'm not following it any more though since it didn't make a move when I thought it would.