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Strategies & Market Trends : Trading From Main Street.

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To: Brandon who started this subject	5/10/2001 5:54:52 PM
From: Brandon	of 226

In todays trading we had our first negative day since in months. On five trades, we had 1 winner and ended the day with a loss of 30 cents. Due to Internet problems I was unable to continue trading past about 12:15 CST. It appears to me as though those bear flags on the weekly chart may be gearing up to kick in. Here are a few to keep an eye on for shorting opportunities. NTAP, QQQ, JNPR, JDSU, SPY, PSFT, QCOM, MERQ. Losses as a rule provide traders with their best learning too....if you are willing to learn from them. All traders should keep a diary and note things that work and things that don't. An example of something I have found in my own trading is that by and large things I find intraday I do not do very well on. Each night I spend 5 to 6 hours scanning the market for potential plays...and during that time I can fully focus on valid setups with out the any outside stupidity effecting me. If something didn't make it to that list..chances are there is a reason for that. Good Trading, B

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