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Strategies & Market Trends : Shorts waiting to happen

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To: Cadaver who wrote (61)5/26/1996 11:58:00 AM
From: Don Twist   of 852
 
What's your view on HMT Tech and Odeta as these appear to be in the early stages of larger moves??? I have found one good trading idea in these volatile stocks for trading. When the stock has a significant gap to the upside and you are long and not sure if it should be sold follow this idea. When the stock trades below the previous days high in a large gap up sell it.. In the same manner when a stock gaps down significantly and trades above the previous days low cover your short and go long for the rebound.
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