Can One Really Make A Living As A Daytrader???? I'm Gonna Find Out! I'm The Boss Of Me!
Tuesday, May 5, 2009
Important Urgent Request
Rivka bat Yaffa will soon need O+ blood. She is a 16 year old girl who has just been diagnosed with Leukemia. All those who are interested in taking part in this Great Mitzva should contact Baily at 212-894-8263. She works with Chai Life Line, and is in charge of the blood donations. Thank you very much and Tizku Lemitsvot
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.