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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: Junkyardawg who wrote (8289)1/18/1999 10:07:00 PM
From: Shoot1st  Respond to of 90042
 
Dawg, FORE was my 1st trade of an individual stock. It is a great stock for both daytrading and position trading.

The size shown on your post indicates much larger trades than typical, especially towards the top of the list.

It really doesn't matter what is happening as far as accumulation or daytrading. The stock moves oddly and often not in concert with other like issues.

Here is a tip from past experience.

If it opens down...it will more than likely close down.

Good news does not always make it go up until several days have passed.

From a trading standpoint....it can be entered and reentered throughout the day without any large (3/4) drop that stays dropped. In other words..If you like grabbing 1/4s and 3/8s and a occasional 1/2 this is the one to play.

If you position trade..grab a good dip and hang on for a few days.

This is the ONLY stock that I will buy going down after I have already positioned 2,000 shares or more.

Shoot



To: Junkyardawg who wrote (8289)1/19/1999 9:13:00 PM
From: kgreen  Respond to of 90042
 
I don't know if Tim will agree, but I would peg this as institutional buying/accumulation.

kath