Quote from Comptalk:
Well, in recent weeks, I've played the dips of Ford, GM, Yahoo, Apple, Microsoft, Ebay, Time Warner, and about ten other stocks. Already took my profits on 90% of my recent trades. Must be doing something right. Then again, it could be just dumb luck
I do not try to pick the bottoms, I try to see where the gap is. Buy in, ride it for a half a point to two points, sell it, short it, buy it again. I must of did it 4 times this week and last week already on Yahoo alone. These are not investments, just trades.