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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 (4566)1/2/1999 10:48:00 AM
From: Bridge  Read Replies (1) | Respond to of 90042
 
Happy New Year to everyone! I am also new to the thread, posting that is. I have been following it for a bit. I confess I got caught up in the internet frenzy of last week...made some good trades but was a nervous wreck about it. Enough of that. I welcome learning more about position trading and developing some clear trading rules for myself. I am currently reading Trading for a Living and the Electronic Day Trader and coupled with the posts on this thread, I am learning every day.

I wanted to pick your brains about the software and brokerages that you use. I am currently with Etrade and its killing me. When I have more time to trade, I would like to work with a realtick system but its not in the plan at the moment (I have a two year old and 4 month old boy)...so, any advice would be greatly appreciated.

I am currently in xyln and sfe, catp, dtpi for the long run.

Thanks.
Bridgette



To: Tim Luke who wrote (4566)1/2/1999 10:54:00 AM
From: Jerry Olson  Read Replies (1) | Respond to of 90042
 
Hi Tim

can you tell me what Real Tick III you're using???what general service???

thanks OJ.....



To: Tim Luke who wrote (4566)1/2/1999 10:58:00 AM
From: Paul A  Respond to of 90042
 
Thanks Tim.. I have been watching PETM and have put them under my 'dirty' category just like AOL on Thursday... I guess the best way to play these is to just keep a close eye on it because eventually with all the large buyers something will give.. They rarely loss..

AOL still has me amazed that all the funds waited until 4:05 to start buying. I have a theory on it but ill let it go since im convinced these people read s/i.. Im no longer going to post conspiracy theories and put my butt on the line. Anyone watching what AOL did on Friday would realize what im referring to...

Its just manipulation like this that keeps me from holding positions unless I have spent a lot of time with due/dili and am willing to hold for a few weeks/months to gain the rewards. Still amazes me that folks will watch AOL trade in the 140s all day and wait until 4:05 to swap huge amounts of shares with other large holders for $160 a share after hours... They could have positioned themselves easily thru out the day in the 140 to 150 range without a problem. Im convinced that big money really REALLY hates us small guys to the point that they would rather pay a premium than give us a measly point or two..