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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Tim Luke who wrote (1651)11/29/1998 9:32:00 PM
From: Jane4IceCream  Read Replies (4) | Respond to of 90042
 
Yeah, Yeah...

But you sleep better at night knowing there is gonna be a gapper in the morn.

I've been in and out too, but been playing NSCP, MALL and ONSL...took out my profits completely there and moved them over to stocks like OMKT, EGGS, NAVR, NM atc to catch the 2nd wave and the timing could not have been any more beautiful.

Was lucky to catch CKNT at $2 early Friday and get out at 5 7/8 in just 3 hours with a 78k gain..

Missed on AWEB and not sure if ALMI is a good trade or not!

Later...

Mrs. Cleaver



To: Tim Luke who wrote (1651)11/29/1998 9:34:00 PM
From: shane hartman  Read Replies (1) | Respond to of 90042
 
>i'm far from being nervous mrs.cleaver...i plan on day trading these
>stocks to death.....a point or two here and there and close the day
>100% cash will suit me just fine

You will need that MB trader if you daytrade these net stocks. These suckers can move a point in a minute. Way beyond the ability of fidelity order interface to deal with. But they do have some predictable patterns when the volume is up. I settle for limit orders based on gaps that fill sometime during the day (usually right about 10:45-11:45 on a dip) and sell in afternoon between 2:30-3:30. Nailed up 7 points on egghead doing this on friday.