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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Dave Shares who wrote (12268)	4/7/1999 8:31:00 PM
From: Susan Saline	Read Replies (2) \| Respond to of 43080

>>>Took a position in TQNT today. See what happens. It really needs to break 22 and then it could move to 24-26. Good volume today, tight trading range.<<< I see the same thing ... res. is heavy at 22 ... maybe a good place to take profit, if it hits and backs off CTIX and ALIF are both ipo's have patiently holding small posiitons in both they appear to be ready to "rocket" as as the dt'ers would say. could have set a stop loss on both, but that is extremely risky since the floats are very small, and too likely to be taken out due to this. prefer to just sit on em, and wait for the momo's to take over. It will not take much to get them going with those small floats. Their trading style reminds of the earlier days of INSP ... it had just a little volume, and moved huge on practically nothing but small individual sales. There are very few ... if any ... big investors interested in these ... same with INSP and XMCM ... that is the reason they make such momentous moves in such a short trading span.... from one trade to the next. Based solely on supply and demand of small investors like ourselves. A large move up will come and bring the big boys interest into them ... just as it did with INSP. I was very sorry to be stopped out of XMCM today ... I believe it will do and follow the trading likes of INSP and do a split soon also. sue ps. u made some nice one dollar cha chings today dave :o)