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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Eric P who wrote ()7/4/1999 8:50:00 PM
From: Eric P  Read Replies (2) of 18137
 
The fun is getting ready to start...

The past two months have been relatively boring for trading. Yes, their were opportunities for profit, but the opportunities weren't jumping out at you every day.

However, this month is going to be different. This month is July, and July is the month for 2nd quarter earnings to be reported. As with any earnings month, we should see a great deal more volatility, many more gap openings and a large increase in profit (and loss) opportunities. This is the month I have been waiting for since April.

So, in the spirit of the holiday, Strap on your seatbelts and let the fireworks begin!

-Eric

P.S. For the newer traders: It is a time to be more cautious and perhaps trade smaller positions if your not comfortable with the greater volatility. Hopefully, summer vacations won't has too great of an effect on the volatility.
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