I've all but abandoned the daytrading for now to concentrate on the swing trades. Here's how it works:
I noticed that stocks that report worse than expected earnings AND have a price drop that day, seem to signal the start of a price downtrend. Therefore, at the close of the day that a stock reports worse than expected earnings AND the stock dropped, I short, and look for at least $0.50. Im also willing to wait for it a few days.
2 comments:
A tribute to popcorn?
Rebel - no - a tribute to a friend of mine who has been helping me out with a few things lately, so its for him! Popcorn is his favorite!
Post a Comment