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To: Daniel Goncharoff who wrote (6211)1/14/1999 11:20:00 AM
From: Peg Q  Respond to of 12617
 
Hi Gonch, aka:Daniel Goncharoff
Saw your message and wanted to put my 2 cents in. I know what you mean, much better to trade with stocks that are more predictable than with the volatile net stocks that leave you wondering where "Alice" went in "Wonderland". We have someone who trades out of our office and is not yet in the "instant brain" needed to trade the volatility. It is only a problem when one doesn't recognize it as a problem.

There is a site, "www.insidescoop.net" that has some interesting trading results on it. Check it out and let me know what your opinion is.
Thanks,
PegQ



To: Daniel Goncharoff who wrote (6211)1/14/1999 8:56:00 PM
From: funk  Respond to of 12617
 
You could reduce your position size and thus your risk, the next time you see extreme volatility and have a desire to play it.

If a stock has ten times the range you are accustomed to, you could reduce your position from 1000 shares to only 100 or 200.

BCST was a dream boat Wednesday. LCOS was a gift today.

When in doubt bet small.

best wishes,

funk