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


To: Rene Madsen who wrote (2776)1/24/1999 5:42:00 PM
From: Dr. Stoxx  Read Replies (1) | Respond to of 39683
 
Let me add my welcome, too! We are a friendly bunch, pooling our TA resources on stocks exhibiting a strong up or down trend for short-term gains.

Just a slight correction to Ken's post: I do occasionally jump in and out of a stock in a day, but this is rare, and rarely intentional. I have learned that if a market hands you 5% or more in a day, it is in your best interest, normally, not to turn it down!

I also have been dabbling a bit in the net stocks, with successful plays in SKYM (23%), CNKT (123%), and BAMM (14%). There have also been losses to the tune of about half of those gains, so I am now much more cautious than I was when I first started trading these. I am presently holding AHWY, but it is near my stop loss, so that may not be for much longer (it had a minor reversal day on Friday, so I am still hopeful it will reach 16 by the end of the week).

TC.