let the markets run their course, page-14

Re daytrading:

I love daytrading but only when I see volume increases in possible tickers ready to explode.

Its all about watching volumes for any stock...volumes create momentum.

Anyone negative about daytraders should consider this important factor:

If say your a mid/long term holder...your stock is basically moving very little except say up or down 5% on low volumes...then all of a sudden a great announcement pops up in the market or as often happens speculation on some terrific news about to happen.....the stock starts to run....therein lies the opportunity for a mid/long term holder to onsell into the rising market...usually because it is daytraders and short term holders pushing the stock with large buy orders....

without daytraders i feel on most occasions many small penny stocks would not run anywhere near as well......

long term holders should welcome daytraders actually, its a very important part of the market and very relevant to spike the share price with volume buys..

Shares increase in value with volume not because joe blow just expects it to because he fell in love with the stock a year ago.

Anyway, Good luck,

Dumper (relaxing by the pool in Sunny Nth Qld) :-0

Lovely 31 degrees up here.......and if i get any darker in my complexion ill be looking for a land rights claim and a 2% housing loan..time to head indoors.