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

To: Tim Luke who wrote (3391)10/12/1998 5:03:00 PM
From: Jay Ray  Respond to of 7247
 
Tim, I've got a couple of questions about daytrading.

When you're following a stock to buy on the dips, do you follow the intraday moves, level II action or something else?

Another question, Last week I got blind sided by xcit when the whole market tanked. Did you see the market tanking in advance? If so, what indications do you look for? Also, when do you decide to pull the plug and take a loss? (When xcit went down a couple of points I figured I'd wait for a bounce - instead it went down 9 points. I just took a 2 point loss today).

Thanks for all of your help.

Jay Ray



To: Tim Luke who wrote (3391)10/12/1998 5:49:00 PM
From: Tim Luke  Read Replies (2) | Respond to of 7247
 
jay,

i will try to answer your ??? later on.

thanks



To: Tim Luke who wrote (3391)10/13/1998 10:50:00 AM
From: Tim Luke  Read Replies (3) | Respond to of 7247
 
XYLN:

i'm not only still holding but i added to my position today and WILL NOT be selling.....


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