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Non-Tech : MB TRADING -- Ignore unavailable to you. Want to Upgrade?

To: funk who wrote (2562)	12/5/1998 3:24:00 PM
From: Rick Faurot	Respond to of 7382

funk, LOL..I wasn't going to say that...and now you have. I agree with you. I just look at volume and momentum. Rick

To: funk who wrote (2562)	12/5/1998 3:26:00 PM
From: wily	Respond to of 7382

>> Just for the sake of debate and nothing more... I've been playing with the "daytrading is a myth" theme for a while and have not studied daytrading enough to know if it really works. I'd be interested to hear of any success stories and examples of successful trades and (especially) the thinking that produced it. IOW you are invited. wily

To: funk who wrote (2562)	12/6/1998 12:07:00 AM
From: dpl	Respond to of 7382

Funk,I am with you on this one.Never listen to the news. David

To: funk who wrote (2562)	12/7/1998 12:55:00 AM
From: scanshift	Read Replies (2) \| Respond to of 7382

As hard as it may be for my many fans to believe, I finally agree with Funk on something. The hell with news and hot tips and so on. Daytrading stocks as far as I am concerned requires stocks with consistent large intraday ranges. My definition of consistent intraday is very flexible: it can be a couple days to a few months. Remember that as soon as a stock opens up, it opens on a print. The next print starts the days range. From then on out it is just a function of trying to participate as frequently in bits of the range extension until one's definition of a normal day's range has been set. The SCANSHIFT Range Extension Rectangle I invented was for the purpose of always having in one visual glance what the high, low, last, and what type of range we have had so far in a day's session relative to a user's definition of a normal day's range. Watch some of the top volume internet stocks, and see the great point ranges they consistently put in each day. Keep those private posts coming regarding your ARCA experiences.