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Rigel, thanks for the detail. Other than fading the open what other common strategies have been used successfully by traders here? I read once that someone watched for stocks moving up strongly in the last 10 minutes of the session. The trader bought in the last couple of minutes and...

That's what the carpenters say. I'll be checking at least two sources for data from now on. I was just going by the daily charts on Microsoft Investor. Steve and Magna, thank you for the responses. ~EC MJT I just signed up for a trial of Steve's newletter today and it is probably...

Steve, It's nice of you to take time to answer questions. I hope you will answer one for me. I have been trying to use increases in volume in my scans for a while and have been confused by it. Question: IGT normally trades about 1.3 million shares per session. On 8-31-01 it traded upwords...

Find a private ISP and get a quote from them on the internet service. They will usually facilitate installation with GTE as well. The price seems pretty high for internet charges at least in this part of the country (North of Seattle). I doubt that you have to bundle the circuit and the...

"how much of a difference will I experience with only 512 Kbps download? ".... Hard to say but you will notice it. There was a study a few years ago at University of Virginia, I think, that conclude the "diminishing returns to additional bandwidth" at about 80K. Somewhat faster than 56K frame...

Thank you Tradewinds. The Common Gap behavior helps my understanding of this. ~EC

Think maybe I should delete this before EVERYONE catchs on, Nicodemus? :confused: ~EC PS Jens: I'm just considering playing QQQ and SPY when the entire market is gapping. Thanks for the links.

It seems like every night I review at least a hundred charts and most nights I note that if, at 10 AM, I had shorted those stocks that gapped up I would have made a nice profit. Conversely, if I had went long at about 15 minutes after the open on most stocks that gapped down I would have done...

Again, it is "Tarriffed"... they are required to charge depending on how far it is between the two points. (In this case your ISP and your office). Ball park figure of a couple hundred a month.

Ask your Telco people about Fractional T-1 service. 128K isn't usually that expensive. Good Luck

In addition, I would have imagined that T-1 would be the fastest and most reliable. Is this true? Maybe yes... maybe no. When most people say they have t-1 they mean "fractional T-1" Full T-1 is 1.5 Megs bandwidth. (64K per channel times 24 channels = about 1.5 Megs) ISDN PRI is also 1.5...

Deeman, that's gotta be one of the best posts I've ever read. Can I review your book before it is published? :) ~EC

Frame relay is a delivery of data through a telco "cloud" on permanent virtual circuits (PVCs). Your packets could go from Seattle to Portland to San Francisco and back or they may go through Salt Lake City to get to San Francisco. Who knows? Who cares? All you know is that you are guarranteed a...

What do you mean by this: "You will be right about 80% of the time making 1R and losing 1R "? What is 1R? Thanks ~EC

Cesko, Anthony Robbins is a very popular performance coach who used NLP on clients for quite a while. You can get a copy of one of his books in a used book store for a couple of bucks. Regarding the ability to change in 5 minutes or so: If one has a strong enough experience one can change...

Which of the favorite day trading stocks trend the best?

I know there some Waxie followers out here and I'm wondering if any of you have bought his 6 VHS Tapes package called "Trend Trading to Win" ? If you have seen the videos please let me know. If you want to rant about Waxie please don't bother... it's been done. :) ~EC

I get the NQ real time from www.quote.com but the sp's have a 10 min delay. What symbol are you using? Thanks ~EC

Jens, excellent points and very nice graphics! Also... I think I read that when the first bottom fails (as this one did) the odds of the next short-term bottom (9:45ish) being playable goes up to like 85 or 90%... nice odds indeed. Play these dumpers both ways. :) PS For another good one...

(from www.mtrader.com) "Dumpers are stocks that dump 20% or more on mediocre bad news, such as missed earnings by 1 cent. The market ALWAYS over reacts to this bad news, and we play the bounce or correction at the bottom. We only play mediocre bad news and not real bad news dumpers such as...