If you're interested in finding out more about day trading your penny stocks, I suggest that you get on your computer and go online. Use one of the major search engines to look up "stock market day trading". You'll find plenty of good
information. Some day trading firms have offices all over the country.

I fully expect that in the near future, we'll be able to get remote access to
this type trading from home, on our personal computers. Technology is
changing very rapidly. You can expect the stock market to change with it.
Trading stocks has become a simple process with computer technology.

Back in January of 1997 NASDAQ made some rule changes that effected
SOES traders. This rule change effectively took away the "edge" that
SOES had. Market markers are now held to 100 share orders and can
block SOES orders at will.

Most of this will be accomplished by simply bettering the market on the
Instinet system. To make a long story short, the market makers got just
what they wanted. This fight ain't over, and that's for sure. There's been
talk a 20 second rule that many say will turn back the clock to pre-1987.

Who knows? One things for sure, you can still day trade. I've purchased
a stock at ten in the morning and sold it by lunch time. Does this make
me a day trader? Technically speaking, I guess it does. The principals
never change. If your stock goes up quickly, it's up to you to sell or not.

While we're talking about day trading and the SOES market we might as
well talk about just how powerful a force that "news" can be. Back in 1996
the Nasdaq Stock Market proposed a special rule to control the volatile
computer trading of stocks mentioned on daily financial TV shows.

A guy named Dan Dorfman would go on CNBC and give stock tips and
wall street gossip, about everything from takeovers to changes in the
corporate management, etc, etc. His broadcasts had a tremendous effect
on the stocks he mentioned. I remember stocks moving almost instantly.

The Nasdaq proposal is the third time a financial market has proposed a
rule to control the effects of Dorfman's comments. Day traders waited all
day long for his show to come on. Nothing moves the market like news.
You'll see. Just hope it's good news and that you're holding the stock.