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

To: Vicrobi who wrote (1329)	12/8/1998 9:18:00 PM
From: Triffin	Read Replies (2) \| Respond to of 56535

Vicki.. RE: TMEX picks Concentrate on the ideas that are tied to a specific outside event occurring..examples would be the GERN trade..based on weekend news reports on the technology or MALL based on an "announced" ipo of a subsidiary.. That way you have a specified time frame for the trade to develop or not..no guessing and no being left to hold the bag.. Jim in CT..

To: Vicrobi who wrote (1329)	12/9/1998 5:50:00 PM
From: DadisKing	Respond to of 56535

Apologize for tardy response; and to your point about having to act rapidly on info (you called tips -some are tips, some are info - often cannot tell diff unless you know source). Example, today I had to do my regular job without access to Net; tough to do day trading. You must realize that many day traders trade 2, 3, and more times/day ON THE SAME STOCK!. Plus buy/sell same stock same day. I can't answer how much time you have to be on Terminal per trading day, but I suspect hours. Chickenman (I think) claims to be student and does spend time away from computer - but still puts in considerable time. As a mostly long term trader (who is exploring day trading (18 trades last 8 days and losing money (Making money on my long term trades (Mostly CD, CPQ, C, etc)) I understand your question - I would ponder it before jumping aboard. Ex - NAVR; has been all over the place - look it up, it's been the darling and love/hate stock lately. Keep Lurking; DadisKing