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To: terilyn
I had a client who subscribed to Joe's phone service. He called me at home about 11 p.m. Gave me a whole list of calls to sell, and puts to buy - on the open.

He sold low, bought high. What a bloodbath! To this day, I advise clients to avoid market orders at the opening of the market.

34 posted on 03/15/2003 2:37:30 PM PST by mombonn
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To: mombonn
"I advise clients to avoid market orders at the opening of the market."

Not always a good move and you know it babe. I'm suprised at this advise.

Let me explain, I always anticipate reports or news coming out from the stock. Bad or good. Has worked for me.

43 posted on 03/15/2003 3:27:05 PM PST by AGreatPer (Support Our Troops)
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To: mombonn
BTW, I think Brinker is all wet on this one. We are going to start a war next week or abouts and prices will rumble and tumble. DOWN.

Wait for some good news once the rumble starts. One week, one month, heck I don't know. But when the up-turn starts, jump in the water. It is a pattern that has been repeated hundreds of times after a war.

I converted to cash months ago and am waiting and anticipating.

Except Lucent, still licking my wounds over that one.

For what its worth, my picks are Wal-Mart (god, I love a cash transaction) and of all things AT&T (gees, they could sell everything and still be valued triple what they are now).

44 posted on 03/15/2003 3:41:14 PM PST by AGreatPer (Support Our Troops)
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To: mombonn
We had our entire office waiting every week for his market letter to show up. One of our brokers was on the call list. He set up a plan for the office so every broker was notified within about 10 minutes. It was the single craziest day I've seen and that includes October of 87.

Our poor wire operator! That was still in the days of the old clunky big metal keys and ticker tape that had to be wound every night. What a mess.
46 posted on 03/15/2003 3:47:32 PM PST by terilyn
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