trading off Wall street journal front page

S

silk

It seems like there is alot of money to be made just trading off the front page headlines.

Front page today talked about weakness at investment banks, LEH layoffs expected, ect. ect. Also big story on improper ipo grants. Selling the brokers off the open was probably the easiest and most profitable trade of the day.

I'm sure this strategy frequently fails, but i wonder if you can make more than you lose just going with the flow off the front page of the journal.

P.S. Unfortunately i left my Journal on the counter this morning. Had to wait until i got home from trading to read it. LOL.
 
Also, first story off today's WSJ was regarding the Airlines. Check how much you would have made shorting first print on AMR, DAL, and BA.
 
Originally posted by doziertim
I'm still using Ticker Tape and make my trades via telegram, that is on my short term trades.
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Originally posted by max401
Ticker tape? I have to pick through the dumpster ouside my broker's building and get day old copies of the WSJ.
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Originally posted by Mr Subliminal
Dumpster? WSJ? Day old copy? I have to ride my bicycle 8 miles to the local rubbish dump and then am lucky to find a month old, soggy USA Today.
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Originally posted by max401
You have transportation? Bastard.
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