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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades
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To: Jenna who wrote (1015)6/13/2001 10:05:01 AM
From: Jenna   of 1227
 
CMVT QCOM, VRSN, CHKP, MUSE goodbye and short triggers all, all shorts set up by 9:50. careful we might not be around to call the cover around 10:30 to 11:00.. just look for a reversal to the upside by 10:25 to 10:35 if not than 11:00. Wait for a confirmation of a reversal bar on 5 minute chart and a confirmation of that reversal on the next 5 minute chart. If you are an aggressive short player use the 15 minute chart so you won't cover too quickly as many traders do. Look for all your short set ups by 9:50, by 9:55 I'm already shorting. as the stocks drop below their rising 20 period moving average you migh expect a drop to the declining 50 period moving average. HAVE A GAME PLAN, we do. Everything has pivots, is charted and determined in advance.
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