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.
5 comments:
Where, O, where is the sun?! FTLOG!
Anon - who needs sun when IHVSSFU???
well, i guess you have a point. Plus, you can SZLE without the sun!
did you draw that picture? lol
Anon - ha!
Miriam - no...That pic far exceeds my artistic ability! :-)
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