"> So sometimes I get complaints that people feel as though they can't participate with commenting on my blog because trading isn't something that they are interested in, so I'm trying something new, mostly because I'm bored at the moment! I'm gonna ask a random question....you answer....easy huh? Here's today's question (an easy one):
What's your favorite, strangest food combination?
(mine...not so weird...chips, feta cheese, and pickles)
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.