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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (2615)1/14/1999 7:12:00 PM
From: Ken Adams  Read Replies (1) | Respond to of 39683
 
TC,

Well, I went over the list of stocks I posted yesterday, looking for something to get involved with. In spite of all my own work, I opted for your suggestion yesterday of AFCI (a TokyoMex reco).

Would you believe after seeing the gap open, I still thought I wanted in. So, with price at 12-5/8, I put in a limit order to buy at 12-1/2 and left for the office. I came back a little before noon to find that I had been filled and price was off and running. Made a buck today alone. Surprised to be filled at the exact low for the day, but sure as heck was. Of course with over 12 million shares trading, my little order was just in the way.

Now, I have to figure out what I'm gonna do with this. I did absolutely NO homework, but I just liked the chart. Will tuck in a tight stop in the morning and see what happens. Here's what it looks like:

AFCI: timely.com

Ken



To: Dr. Stoxx who wrote (2615)1/14/1999 9:27:00 PM
From: Kiff  Read Replies (2) | Respond to of 39683
 
Thomas or anyone...

Would you take a look at this chart and tell me what you think is in the future for SPGLA?

timely.com

Thanks,

Kiff



To: Dr. Stoxx who wrote (2615)1/15/1999 10:07:00 AM
From: Ken Adams  Read Replies (1) | Respond to of 39683
 
TC,

I watched AFCI open quite strong and begin to slide this morning. Even with a very slow connection with my broker, I pulled a full 10% out of it for one day. On to something else. I am completely satisfied with that type of trade. I'd like a couple of them a week.

Ken