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 : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: LPS5 who wrote (7340)	5/21/1999 9:24:00 AM
From: TraderAlan	Respond to of 12617

LPS, ADAM popped up on a scan last night. The spread during a big morning move was about 3/8 average but dropped to 1/8 to 3/16th in the afternoon. The stock usually does 25k to 50k a day but did 6M yesterday. The 5-min chart is smooth and easy to read. Most of the action was in the morning but there was a clear descending triangle break in the afternoon. And the retracements to the trend all came close to proportional numbers (38%, 50%, 62%). So there were opportunities for day traders from the tech standpoint. And those spreads likely set up some nice swing scalps. Alan