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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (27545)4/7/1999 1:13:00 PM
From: scanshift  Read Replies (1) | Respond to of 122087
 
Tony, the years I spent filling and trading at the Chicago Board Options Exchange and later trading in the S&P 500 futures pits at the Chicago Mercantile Exchange gave me the opportunity to see first hand hundreds of traders; with that experience base there is no question that in my mind you are the one and only undisputed King when it comes to daytrading equities. I know you juggle trades and info and calls a mile a minute during the trading day, but is there any way for you to work in a simple estimated "time to hold" trade system to anticipate how long to stay in the stock you recommend trading. I am guessing some traders are feeling a touch of temporary short term heat based on your aggressive message of "sell it till you puke above 9", only for you to cover 13 minutes later. I think the brief rally is an opportunity to scale up sell more, so I am not worried about it. Anyway, when you make a call, is there a way to try and quantify that the trade will be just a quick scalp (less than 15 minutes), hour scalp (15 minutes to an hour) or a daytrade (an hour or more). For multi-day hold trades, like IMCL, it is easy to pick up on your thoughts.

Thanks,
Fane