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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Jon Tara who wrote (8571)5/27/2000 12:25:00 PM
From: Threei  Read Replies (1) of 18137
 
Well, even in this grim scenario there still is money to be made, I believe. For instance, scalping techniques for sure can be adjusted to any market. Even such a hard beaten stock as PGNX in such a dull day as Friday did provide several scalp opportunities on long side from 3/8 to over a point, and there were many others (of course not that many as we enjoyed while bull lasted).
Shorting, as you said is OK for those who are comfortable with it or willing to switch their mentality... So, I would sum it up following way: 1)learn to short 2)limit expectations on long plays 3)take vacation if neither 1 or 2 works for you :)
On more serious note, if I was to go vacationing now I would still make sure I am back at the end of August.

Vadym
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