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Strategies & Market Trends : Intraday Updates, Analysis & Strategies for Daytraders
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To: shulz who wrote (267)3/14/2001 6:54:46 PM
From: Jenna  Read Replies (1) of 589
 
Very EXCITING DAY! Can 'e do it? yep CANI did it. Hope you got on BMET, CANI, AMKR SCHL and CORR among the plays one our "mg" watch list posted timely. SCHL was an interesting surprise since was powering while others were dropping like rocks. DIGL, SONS, ELNT all have potential for more gains through the end of the week. These low priced flyers move well with some old favorites like CHKP, JNPR etc. The earnings plays cap it off. We will be focusing A great deal on earnings plays in this "pre-season" and build it up until April. Hopefully we can find some long and short plays in plenty of time.

CEO CANI came on TV, and of course BMET followed. Gemmers check out that watch list I used today, it will probably move into tomorrow for more gains. That watch list will be mentioned as part of an "intraday update" should the stock happen to trigger. Of course you can just as easily put in an alert and watch it for yourself.

Today's strategy of going long the beaten down stocks after they had their double bottom breakouts worked alongside holding the short/put positions. Some fellow traders had a number of possibilities. Took home CANI, WCOM, BMET on the long side.
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