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Strategies & Market Trends : DAYTRADING Fundamentals

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To: OZ who wrote (8101)4/29/2000 8:53:00 PM
From: KevinMark  Read Replies (1) of 18137
 
>>>they will short everything right out of the gate once the stocks make lows. On the contrary, they pretty much buy every high being set on a gap down day <<<

Oz, can you clarify a few things here?

Are they shorting stocks that are in the red(% wise) after the COMPX gap up at the open, or shorting stocks making new lows on their long term chart? Vice versa. Little confused about, "once the stock make lows". No one truly knows what those intra-day lows are until the day is over. TIA

KM
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