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trajecto
 

Registered: Jun 2003
Posts: 21

 

08-22-03 04:41 PM

How do you interpret stocks that shoot up on tons of volume for no apparent reason? I am just starting to use trade-ideas and checking out the running up alerts. One for example today would be: EGHT

Is this smart money? how would the seasoned guys interpret/play something like this? I'm not buying it but it sure looks tempting.

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dotslashfuture
 

Registered: May 2002
Posts: 1260

 

08-22-03 04:44 PM

those kinds of things don't look tempting to me unless they drop back on much lighter volume.

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just21
 

Registered: Feb 2002
Posts: 3317

 

08-22-03 05:09 PM

Did trade-ideas tell you as it was going up? How many ideas is the program coming up with?

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trajecto
 

Registered: Jun 2003
Posts: 21

 

08-22-03 05:20 PM

I just checked today's history, the first alert on that one was at 10:21:20 "Running up: +0.03 in less than one minute."

That seems pretty good when you look at it. There are alot of other running up alerts too (and of course other types of alerts). This is only my 3rd day trying out Trade-Ideas, I like it alot so far. You can get overwhelmed real easily with so many alerts and alert types but can easily narrow your focus.

Main thing I was asking about was these stocks that shoot up for no reason. I guess the thing to do is not ask "why" just look at the action.

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ElCubano
 

Registered: Jul 2002
Posts: 6915

 

08-22-03 05:31 PM


Quote from trajecto:


Main thing I was asking about was these stocks that shoot up for no reason. I guess the thing to do is not ask "why" just look at the action.



No rhyme nor reason...unless of course for future news which we dont know about yet....peace

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just21
 

Registered: Feb 2002
Posts: 3317

 

08-22-03 05:40 PM

Does the site have volume alerts or are they all priced based?

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