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.
9 comments:
That's because it's so hard to concentrate.....
Is that a double entendre?
lol - exactly!!!
I cannot believe that everyone there missed that! Well, at least we know the intelligence that we are dealing with.
Tr8erGirl: Thanks for paying attention... ;-) LOL
Hey maybe he just doesnt like juice!
AC - ur a simple man.......lol
Simple ....Simpleton .....all how you look at it
Mrs. LFD - I think they are too busy teaching the fine art of bomb making in their "schools" to worry about spelling.........
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