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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 (7950)1/16/1999 1:21:00 PM
From: Glenn  Read Replies (1) | Respond to of 90042
 
I second that thank you.
You really add a lot to this thread dawg.
For the fun of it, I just bought Window on Wall Street.
I sounds like a fun charting software package.
I will post a review of it later this week when I get time.
Smiles,
Glenn



To: Tim Luke who wrote (7950)1/16/1999 1:56:00 PM
From: Junkyardawg  Read Replies (1) | Respond to of 90042
 
Tim
Discussion:
I was reading your article in the WSJ.09/08/98.
I did some basic math on the stock you were "daytrading"
at time. (just for fun)
You bought and sold 7th Level Inc.. 3 different times with
a profit of $3,063 in one day. This would be 6 commission charges
of an average of $25.00 a commission. Total profit tax not included
were $2913.00.
Now if you had bought that same stock and sold it only one time
instead of daytrading you would have had only 2 commission charges
of a total of $50.00. If you bought at the same original price
discussed in the article and closed at the same closing price of
your last trade in the article your total profits would have
been $4321.00. A total gain over and above the daytrading way of
trading is $1408.00.
If hindsight is a good teacher then I am a star pupil.
dawg



To: Tim Luke who wrote (7950)1/16/1999 1:57:00 PM
From: Bruce Denney  Read Replies (2) | Respond to of 90042
 
Tim...excuse me, but I would like to put in my 22 cents worth...glad you stuck around and tip of the hat for your ascend work. Not to intrude on your board but I thought it was worth my 60 buck to speak up. This is my first post on si-not important- but it is obvious you have a lot of fiends and supporters here----good going. Well hello and good trading, I will slide back to my navr world



To: Tim Luke who wrote (7950)1/16/1999 2:38:00 PM
From: Glenn  Respond to of 90042
 
Nothing to buy? Hah!
For position plays I also read Jubek's column. It comes out once a week.
This week is a worth while read:

"Jubak's Journal
Nothing to buy? Hah!
It just seems like all the good growth stories come with a P/E of 70. I've found three stocks priced at half that multiple where earnings should grow by 25% in 1999. "

moneycentral.msn.com

Smiles,
Glenn