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:
EMC 27.67 ???
I sure hope so! LOL
(Yea, I know, picky, picky...)
David - E = mc2, I thought? lol just kidding.
OK, Einstein.
LOL
ok ok - grrr...im fixing it now!
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