NEW Market Gems - Swing and Day Trades Message Board

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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades

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To: Jenna who wrote (719)	6/7/2001 2:30:53 PM
From: Jenna	of 1227

Pre-market well well! was not a predicator for things to come completely. How long will we up? Who knows. Still not ready to hold token tech positions while more weighted in strongest of sector leaders. The trend is your friend and you can't tell what will happens until the curtain goes up and the games begin. I would have liked more upside on HGSI but at least we grabbed that sector quickly. Watch Lists are important, no matter where you get them from, its imperative to track a watch list of 20 to 30 stocks a day (you don't need overkill) and study the historical price patterns of them. We have so many repeaters its like deja vu and we find ourselves in the same swing trades almost monthly. Don't rely on intraday scans or you will get 100 selections and make the wrong ones. Unless they are very selective and stringent, filtering out a lot of noise. Keep your favorite and successful trades in a database and note their strengths and weaknesses, the support/resistance lines and build on good positions. CSCO, INTC picked up small positions earlier this week and they are finally looking good although not nearly as much as the swing trades.

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