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Pastimes : Coulda... Shoulda... Woulda... -- Ignore unavailable to you. Want to Upgrade?


To: LANCE B who wrote (66)4/15/1999 8:27:00 PM
From: Blitz  Respond to of 111
 
Hey Lance!

Thanks you! That means a lot coming from a pro like you!

what is your usual time frame..

As you can see from the chart, some of them
shot to the moon in just five or six days,
I seriously did not expect that big a gain in a week!
Some of them took two weeks, almost all under three weeks.
The trick is to "try" to carefully study the behavior,
by the minute if ya can.

Another tuff thing is taking profits, sometimes you take profits
and it goes up another 1000%, sometimes you don't sell
and it drops a couple of hund%.

I did hold some of those from beginning to end,
some I sold a little too early, but all around, I'm happy with 'em.

I look for low float, good volume, and a .com or .com coming LOL!

KANA is my alltime favorite company,
I used to trade XYBR (from $2.50), then one day,
KANA news came out, and it was under XYBR's symbol,
so I looked at the company, and saw it was at .04,
and was at $4 with the year, I should have put my house on that
one, but you know, no matter how much you love a company,
especially an OTC-BB, ya gots to have a limit!

I started to get a bit of a following last year, when I was
daytrading full-time, I was mostly on the TXF board on Yahoo, and things were going great,
I made a lot of people some serious money, until...

That MTEI thing, we all got totally burnt,
I lost $20,000 on that one.
Well, there was one person there who probably got in on MTEI too,
and this person made up like three or four aliases on Yahoo
and started bothering me so much, that I said,
screw it, I don't have to do this, so I stopped posting picks.
Then I went full-time Silicon Inv. where the people
are somewhat more civilized :)

I only post here and there, when I see something tasty,
or my eye catches a sweet news release on
MyTrack on the top of the screen
(This method has helped me pick some of the best ones).

Cheers!