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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: BANCHEE who wrote (7430)	5/22/1999 11:05:00 PM
From: Rande Is	Respond to of 57584

Banch, I am looking for strength on PTEK at the open based on word spreading over the weekend. . .if volume and strength fizzle in the first 10 minutes, I'll sell some into strength. . .when strength develops after initial sell-off. . .I'll hold to see where it goes. . .if it still looks weak, I'll sell more. . . I hardly ever sell all at once. . .but average in and average out. . . terrible on accountants, but it assures that I don't miss any sudden moves, while I am constantly adjusting position based on risk and momentum. Some speculators go in big and come out big. . I don't . . .I average up and down my buying. . . then I average up and down on my selling as well, based on risk and momentum. Perhaps I'll cover that in greater detail one day. Rande Is