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Re: _Buzzard post# 68

Sunday, 09/28/2014 6:02:55 PM

Sunday, September 28, 2014 6:02:55 PM

Post# of 561
You nailed it; the key to a great day-trading ticker is heavy daily volatility and volume. Who cares what this company is worth; I for one have made a lot trading it, both long and short. I won't be short tomorrow - looks like an easy gap and run for the morning, and I will only trade this one long until the momentum dies. One of the great things about this ticker has been the the way all drops have been clearly foreshadowed. I will trade a great ticker like CNET over a "real" company any day (in the long run, I expect the company to be worthless, but in the short-run, which is all that matters, we could easily go up another 50% before the crash).

Whoever loves money never has money enough; whoever loves wealth is never satisfied with his income. I have seen all the things that are done under the sun; all of them are meaningless, a chasing after the wind. Only trade for the sake of trading.

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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