Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Wire to Wire Daily Stock Picking -- Ignore unavailable to you. Want to Upgrade?

To: Investor Clouseau who wrote (27)	5/19/1999 9:34:00 AM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 3514

Here are today's Wire to Wire competitors: Adot - J. Nelson - O/s30m 14m insiders float 16mm - close - .10 AGRS - Fred Langford - O/S 50 MM - Closing Price .18 - Big move yesterday CMOZ - Fatt Matt - float 5 million - Closed at 4.40625 - Momentum! MXNT - Over Viewer - Float about 5 mil - closed at 4.4375 - Maxnet for Maxgain? NUOA - float 19 million - closed at .04 - News on new hotel in Korea. TMMI - Maggie Meade - 90 million - Closed at .40 - Our winner yesterday! quote.yahoo.com Who will win? Remember the winning stock will be judged by overall highest percentage gain over the stock's previous closing price. Competitors, any additional due diligence is always appreciated. Thanks, Jeff

To: Investor Clouseau who wrote (27)	5/19/1999 5:33:00 PM
From: Jeffrey L. Henken	Read Replies (2) \| Respond to of 3514

To all those reading this thread(Not you IC! LOL): You are master of your own trading fate. Market makers can and do take advantage of unsuspecting investors. I'm not even using level II and I recognize a lot of what is going on despite that fact. Winning the "Wire to Wire" competition is particularly challenging because it strips away the opportunity for a daytrader to simply make money off of momentum, or a gap up, over the previous day's close. Sure you can call your sell point but you can't win the competition unless your stock closes at a higher percentage gain than at the end of the day than all others in the contest. Obviously that does not mean you cannot take a profit along the way. Besides we are all winners just for competing. Just remember most daytraders lose money. Although we may find some tremendous long term winners on this thread it's also quite likely that many stocks discussed here will trade more like a flare at best. Be cautious and do not invest money you cannot afford to lose. Thanks, Jeff