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


To: Ken Adams who wrote (2772)1/24/1999 5:01:00 PM
From: Rene Madsen  Read Replies (1) | Respond to of 39683
 
Well, generally yes, although for example with XCIT's recent ballistic movements I confess to holding overnight. I did take one big hit in the end, but only after having reaped it on 3 days massive gap up's. ;-)

I do prefer medium term trend trading, but right now with the stock market being skiddy I feel more comfortable being in cash overnight, and just trading quick in-and-out's on moving stocks. I rarely touch sub 5-10$ stocks though, and never BBS...