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Re: Fishing at Surfside post# 24000

Thursday, 01/25/2007 12:12:35 PM

Thursday, January 25, 2007 12:12:35 PM

Post# of 35788
I don't know if one would call it a commission but they do make money on the spread and on each transaction they handle.

As for the last 3 trading days of the month I think history proves that to be incorrect as the last three days are normally up days as are the first 4 days of each new month. Oh yeah don't forget about the middle of the month due to pensions, iras funds coming into the market. I believe it is the 9th or 10th trading day of the month for these funds to come into the market.

Personally I like to play the first 30 minutes for some quick bucks, usually out by 10:00 only NASDAQ, AMEX, NYSE traded here. If you have a Scottrade account they make it easy to do with their free Trade Ideas button and using the 10:00 bulls strategy. Trading is great no commute, in my PJ's loving it!

Pennies are for home run hits to buy big ticket items I desire and not for investing in ones future by any stretch of the imagination.