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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Nicole Bourgault who wrote (5005)1/18/1999 9:16:00 PM
From: Poet  Read Replies (2) | Respond to of 56535
 
Nicole: Buying on the morning Dip:

I'm so pleased that you found my advice to be worthwhile, Nicole. It's usually a good idea to let the market open and "pop" before settling down. There is most always a good buying opportunity between 10:00 and 10:45 EST.

And if you're holding lots of IMON, even more congratulations. Please be careful, as this may be a volatile stock. I'm holding 2000 shares. If it pops to about 10 or more, I'll sell 1500 into the opening rally, then plan to buy it back during the morning dip.

Let us know how you do with your trading.