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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Steven B. Jillson who wrote (17015)	10/15/1998 10:06:00 PM
From: Dave Triplett	Read Replies (1) \| Respond to of 120523

To anyone; what are some good under $10 stocks for Daytrading. I'm just starting out and looking for stocks under $10 that move and have a reasonable daily volume. Any advice?

To: Steven B. Jillson who wrote (17015)	10/15/1998 11:52:00 PM
From: Jenna	Respond to of 120523

AMCC.. I know most threads don't do entries/exits and once you do you feel 'responsible' if you don't post timely. I have a separate computer now just for SI, one brokerage account with one 'spare' real time streaming quotes.. So I don't have to multitask to get from brokerage to SI. I have about 4-5 positions a day since Mid-September because now I am trading virtually a 'double sized portfolio' since selling off. I am also holding overnight whether it be puts or calls. My system is pretty quick at seeing when stocks become buys mainly because I do a lot of work the night before. Being an ex-high school teacher it's like preparing 'lesson plans'.. The more you prepare the better you trade. I don't depend on automated 'buy signals' from computer software, artificial intelligence, software that 'predict' what a stock will do in the next five days, or "sell/buy' signals that are so automated that they actually called 'sells' in the last few days including today because certain indicators were triggered and they were totally wrong. According to their signals today, AMMB,AVI,DCTM, NEON, and BAANF should have been sells from last night. Did anyone's software predict what would happen today or which stocks would rise meteorically while others moved up very modestly? Or did they predict which companies would be more likely to beat the street estimates, or which 'beaten down' stocks like CKSG, SEGU, USWB, AMFM, SLVN would rise up to 20% You had to use your mind to figure out using a combination of technical/fundamental analysis which stocks were better candidates. These programs help of course and I would not be able to trade without them, but don't understimate the part your own pure intelligence plays in trading stocks.