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


To: Alex Sharp who wrote (12357)4/8/1999 9:59:00 PM
From: Dave Shares  Read Replies (2) | Respond to of 43080
 
Mr. Sharp

A word of friendly advice,

If you are going to trade an IPO on day one, you better
really know how to follow a one minute chart and follow trends.

On day one, an IPO can easily turn on a dime, and we could be
talking 5-20 points worth of turn. You also better have a brokerage that can execute real, real quick.

I know what I can and can't do, and I will not even try an IPO on
day 1. Too challenging for me. Maybe you'll do well, but please,
be careful.

David



To: Alex Sharp who wrote (12357)4/8/1999 10:17:00 PM
From: LastShadow  Respond to of 43080
 
TURF

I'm guessing it will open around 45, rise during the first 15 minutes, sell off to the mid to high thirties and climb back from there. Just to be safe, it coud 20 bucks more than that in a feeding frenzy, but not sure if tomorrow will be up or not. That is just based on previous , similar IPO action for internets, and nothing of valuation of the underlying stock.

I'm running late, gag, so watch list will be out early tomorrow morning.

lastshadow



To: Alex Sharp who wrote (12357)4/8/1999 11:31:00 PM
From: Susan Saline  Respond to of 43080
 
Message 8789302
turf
bet ya a coke ... it'll hit a high of eighty and tank back to 45 ... give a few here or there ... where it'll end up ... your guess is as good as mine

I'll watch it ... but wont' play .... but three weeks from now ...

........
cable went out all afternoon ... just before the close

tom .... stop on AKLM ... yup

copeland ... nice short on YHOO ... should do very well ... trend sure did change fast

nite all