Wednesday, August 3, 2011

Markets set to bounce but slim pickings for momentum traders!

Markets look set to bounce but good pickings for momo traders are slim! Just about all the shorts I had on watch last night worked out beautifully but unfortunately I touched none! Definitely not looking at any shorts tomorrow or Friday unless something freaky happens tomorrow. Anyways, here's what I managed to find:











Good luck and good trading!
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

MY DAY TRADING RULES

I will ONLY put stocks BREAKING OUT OF DAILY CONSOLIDATIONS TO NEW HIGHS OR NEW LOWS ON HIGH RELATIVE VOLUME from my DAY TRADING SCAN into m...

  • A Gem...
    I stumbled up on the chart of DLLR while surfing the net tonight and decided to add it to my focus list for tommorrow. DLLR did pass through...
  • My favorite set up...
    Generally speaking I like to trade pull backs in momentum stocks. Even when I am looking for position trades; I prefer to enter off a pull b...
  • MONSTER STOCK!
    All of my research has lead me to the conclusion that the number one leading stock in the market as of this moment is NFLX! As of this momen...