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Re: chicago9 post# 16

Friday, 11/24/2000 11:50:15 PM

Friday, November 24, 2000 11:50:15 PM

Post# of 46
DC, I came across GLMC because of Wayne.. he seldom posts on RB, but that night, he was battling with the GLMC RB posters... so I went there and check it out what's going on... and got "hooked" LOL

Volume is the key, then news, if there is no news, but you see big volume coming in GLMC, you bet they got the financing. Else wait for the news, and jump in ASAP. Meanwhile, playing the bid ask game is fun (you gotta battle with a few traders you know), especially MMs have given up GLMC totally. Volume and momentum is the key to trading, if the stocks don't have them... it's hard to trade them. So basically I trade all stocks with volume and momentum... then you get volativity.

I made most of my money by flipping stocks, getting in and out. Sometimes, I play the bid and ask game, but not often, as Wayne said, you need to wait... but I don't have much patience.
Yes, I do hold stock overnight... depends on the situation, that's why I won't say I'm a daytrader, because my time frame varies a lot, depends on the stocks and situations.

360Networks is based in Vancouver. Symbol TSIX on NAZ, IPO on NAZ, not from OTC to NAZ NM... started by former MSFT VP... I consider GLMC is a legitimate company as well... there are tons of companies on CDNX are from Vancouver... they can't be all scams. It's just for some reasons (I forgot), Vancouver has more scam companies than other cities in Canada... but it doesn't mean most of the companies are scam bags, just the relative rate is higher. The negative image is being painted by this relatively high rate... but it's not the truth.

I'm glad that you like this site, me too smile I keep learning new things everyday, and I believe everyone should keep that learning spirit as well!

signed,
Bernard

signed,
Bernard

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