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Strategies & Market Trends : DAYTRADING Fundamentals

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To: TheStockStalker who wrote (12150)3/4/2001 11:42:58 AM
From: Dominick  Read Replies (2) of 18137
 
If the morning is supposed to be filled with so many amateurs, why do you not want to be there taking there stock away from them on every downtick of their futures......or whatever they use.

Trader Vic II, (Vic Sperandeo), came out with some hard numbers that stocks that gap up will reverese 95% of the time in 10 to 15 minutes. Since no trend could be determined from this I wait 25 to 30 minutes.

Dominick
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