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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: NewKit who wrote (4863)12/23/1998 11:11:00 PM
From: DayTraderKidd  Read Replies (1) | Respond to of 43080
 
<<Peaceful, do you expect MZON to hit 3 digit tomorrow?>>

NewKit, I sure hope that it does. The insurance on the private jet I will buy if MZON does hit triple digits will be very expensive.

I was impressed with the continued stregth in MZON, unlike many other high fliers. One good example would be Imal

Two days ago it opened at around 15.50 with a high of over 32 and a close of 28ish. I would have anticipated a huge gap for this one at the open this am yet it only open up at just over 29.

I am not knocking Imal, it could be a very good stock but it did not perform the way I anticipated it to today and I am glad that I did not play it.

I have no idea how MZON will play tomorrow. I am not counting on it hitting triple digits tomorrow and if it does I will not hold for the duration but would rather trade in and out of it.

You have to pick a point where you take atleast a portion of your money off of the table with the Netnuts.

If MZON opens up tomorrow and you wait to see how high it goes before selling any and the tick goes negative, you may be dissappointed.