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[RT] Re: Weekly Trades



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Gale A. Thompson wrote:

> Good morning Norman,
>
> > > So you can see, I offered to refer Mr. Franklin to someone else and not
> > > make any money.  My first concern was seeing that he got pointed in the
> > > right direction. Too bad Mr. Franklin didn't want to llisten. I also
> > > recommeded buying March Soybeans on Dec. 22 Here is the data for Dec. 22.
> >
> > >               Open  High    Low    Close
> >
> > >  S0H      4654    4734    4654    4724
> >
> >     This past week, I sold March Soybeans at 506. Even if you bought at the
> > high of Dec. 22, you would
> > have made $1,625 before commissions.
>
> Always an enlightening exchange, thank you.
>
> On your post, you have commented primarily about futures.  I was
> wondering if the same sort of "weekly" trades can be done with stocks,
> in light of their current volatility.  Are their noted turning points in
> say AOL or BGEN as their are in soybeans, that allow the trader to trade
> less often, with appreciable profits?
>
> You may choose not to respond as a result of the previous posts.  If you
> choose not to, I certainly understand.
>
> --
>
> Pr. 4-7           --  Gt  --

Gale,
    Yea, bad timing to ask me to post anything of substance on this list. You can
call me on the toll free.

Best Wishes,

Norman

P.S. I posted this seeming personal note as an open letter to RT so everyone can
see what a reformed
person I am now. I have seen the light!  Hallelujah!!

>
> ______________________________________________
>
>        See Big Blue at 5202 Blue Avenue
> http://www.geocities.com/WallStreet/Floor/5202