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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Poet who wrote (1327)	12/8/1998 9:05:00 PM
From: Triffin	Respond to of 56535

Poet..TJ Very good comments.. Maybe the decision has already been made.. is there a concensus yet on the "trade duration" aspect of the situations we uncover???I agree that there can be alot of confusion in constantly switching from day trade ideas..overnite news plays..3 or 4 day momentum plays...rumored take-overs..playing for gaps..fundamental long term holds..etc etc.. How specific do we want to be here and what type of situations do most people feel comfortable trying to exploit..I was kicking around the idea of starting a thread focused on two types of day trades that I've found profitable over the years... Trading Opening Gaps and Late Day momentum plays...see SEEK today with the idea of being flat at the end of each trading day..win or lose.. If Jeff and the rest of you think that would be appropriate here..I would be interested in trying to co-ordinate ideas in those areas.. Jim in CT..

To: Poet who wrote (1327)	12/9/1998 5:39:00 PM
From: DadisKing	Respond to of 56535

Sorry for delayed response - had to leave thread last night till now. Yes, if the board has mutli time frame stock picks (day, 2-5 day, month, LT whatever) it would be valuable for all to know the time frame. Also agree that excessive verbage ("the rockets leaving", etc) can often lead to UNWARRENTED enthusiasm and sometimes (at least in my case) hasty decisions. In fact this is something all potential day traders must learn - don't get too caught up in the gambling type emotion that can occure with the type of talk that goes on. Thanks DadisKing