Got that right. Ya gotta stay in the game and keep a positive outlook (que "Tomorrow" from Annie in the background. LOL) I've been trying to tell that to RM...
Two questions please: 1. Any significance to the symbols you are showing in the Yahoo quote thingy? (JDSU?!?!) 2. Will you be posting on the picks blog again?
David - no significance at all - i think i was short those stocks at the time I put it up
As far as posting picks on the other blog - I dont think so, for now....as u can see i'm mostly shorting...if you want to know the basic strategy, let me know.
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:
Glad to have you back :-)
Thanks, David - i figure its the only way to get my money back...
Got that right.
Ya gotta stay in the game and keep a positive outlook (que "Tomorrow" from Annie in the background. LOL)
I've been trying to tell that to RM...
Two questions please:
1. Any significance to the symbols you are showing in the Yahoo quote thingy? (JDSU?!?!)
2. Will you be posting on the picks blog again?
Thanks.
David - no significance at all - i think i was short those stocks at the time I put it up
As far as posting picks on the other blog - I dont think so, for now....as u can see i'm mostly shorting...if you want to know the basic strategy, let me know.
Well thanks for all your help, and I wish you much success.
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