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Strategies & Market Trends : DAYTRADING/SWINGTRADING STOCKS with INTRADAY INVESTMENTS

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To: KymarFye who wrote (322)6/25/2001 2:53:08 AM
From: -  Read Replies (1) of 565
 
almost forgot, that's an excellent point re: volatility... usually I divide the 5-day ATR by the stock price to normalize them before ranking. One thing's for sure though, NVDA is a devil of a stock! :) It made some spectacular intraday moves last week... great trading stock. One a fundamental basis, we think it's gotten way ahead of itself and would like to be short in the thing as frequently as possible (overnight)... although it's wise to use vertical spreads for that as there's always the possibility of an acquisition by a bigger devil! (like the one across the street from them in Santa Clara that starts with an "I")

We'll be doing a lot of fundamental, product, competitive, and news-related analysis of these stocks as our new sector analysis program kicks in... NVDA is a fun stock in a very dynamic sub-sector.

Good trading, -Steve
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