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  1. R

    my trading...

    From a technical perspective that could be plausible. On the 2-year chart I see that the market has pulled back from resistance at the Jan. '04 high (Nasdaq Comp). Would breaking through that resistance create an overbought condition and result in sharp sustained correction? I can speculate...
  2. R

    my trading...

    Investors have been having concerns over the earnings. If that carries over into Monday, the market could open lower. See you came up with a list. But, that's not what is needed now. Maybe a stiff shot of scotch would help some of those that are holding positions and trying not to think about...
  3. R

    my trading...

    Good luck with it. No economic news scheduled for Monday, to factor into your bet. All you need now is important earnings reports that can take the market your way. Any biggies reporting Monday?
  4. R

    my trading...

    Another good trade today was DISH when it broke above prev high at 32.54, vol 1.7ml/ avg vol 1.7ml. That's 100% of avg vol at 12.30pm. That's a high probability setup. Sometimes you see only a few of those trades each week but that's all I need. It requires non-stop scanning to find them because...
  5. R

    my trading...

    SYNA: I do not go long stocks with big opening gaps, they tend to have a small trading range. CVC and FST today are what I look for. When CVC broke through 27.50 (10:14am) it was doing 3.7ml shares on 2.1ml shares average vol. Currently CVC is at 628% of average vol, no surprise. That's how I...
  6. R

    my trading...

    If I was to swing trade I'd do pairs trading: one long position and one short position and wait for the divergence to occur, with the long position gone long and the short position gone short, then cash in. That's easier said than done because finding the right pair requires extensive research...
  7. R

    my trading...

    Take a look at tony oz's plays. You might find them usefull. Open oz scanner: http://www.tonyoz.com/
  8. R

    my trading...

    Yes. It's been said that a rising tide (market rally) lifts "all" boats. It's high probability trading.
  9. R

    my trading...

    I hold no positions overnight. I see a precipice in tomorrow's chart and do not wish to fall in it. The intraday trend is my passion and early trend recognition is my focus. The previous day's high is an important level of price resistance with implications for trend tremination and trend...
  10. R

    my trading...

    It's been said that "not every day is a trading day". Yesterday was one such day (from the long side) and today could be the same if nothing develops later. When buyers are in the market it's easy to make money. Other than that it's slippery, and will wipe out profits made on the strong days.
  11. R

    my trading...

    Investors froze up and nothing in motion. If they get over EBAY investors could come back later. Good economic news out there.
  12. R

    my trading...

    Multiple positions help solve that problem for me. When combined P/L looks good enough, I bag those profits. One stock up .30c, another up .37c and another up .20c (= .87c ), its time to close positions, especially if the indices look like they have topped and are reversing.
  13. R

    my trading...

    Nothing out of the norm there.
  14. R

    my trading...

    It would be interesting to know why you sold when you were up .15c.
  15. R

    my trading...

    Why did you sell at 35.15. You were up .15c. Could have had it to sell at 35.00 and your finger on the trigger, if it threatened to slip below 35.00. Did you chicken out? I have done that a couple of times.
  16. R

    my trading...

    Yes. I see it now.
  17. R

    my trading...

    How did you get YHOO at 35.00?
  18. R

    my trading...

    Ok. But Prophet has the multiple mini chart feature that displays your scan results. With that you can scroll through 1000 charts as fast as your eye can take it. They are the only website I know that has that. If I'm wrong let me know. Medved QuoteTracker also has scrolling mini charts but...
  19. R

    my trading...

    Get Prophet.net and use the ProphetScan feature to pull up the gappers. You can use the gap filters or just do price and volume scan and scroll through the mini charts set at 2day, until you see the gap stocks.
  20. R

    my trading...

    I seem to be the only intraday trend trader on here. You trade gap reversals. PETM and RF were two with strong volume into the reversal.
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