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

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To: - who started this subject9/21/2001 7:38:14 AM
From: drfibo   of 565
 
Intraday Investments Stalk Sheet for Friday, September 21, 2001


In the after hours market, the Nasdaq Futures down 38.00 and the S&P futures are down 26.00 pts as of 7:00 am edt.

Companies in our sector model reporting earnings on Friday include: MWD

On the economic calendar for Friday we have: Due out at 2:00 pm edt. – Treasury Budget for August.

Complete panic seems to have gripped the markets. Since the futures are down heavily this morning and the seem unable to mount any type of rally, we shall look to resume our policy of intraday trading alone. Technically speaking, the markets are severely oversold but buy set ups seem useless in this environment and the risk/reward does not favor shorting at these levels.

LONGS:

To be determined intraday.

SHORTS

To be determined intraday.

Trade Well Today!

Ed, Steve & Deron
General Partners
intradayinvestments.com

Disclaimer: Intraday Investments does not advise its clients or any other person whether or not to buy or sell or take positions in securities. Further, we do not receive any form of payment or other compensation for publishing information, news, research or any other material concerning any securities on our site or publish any information on our site that is intended to affect or influence the value of securities.

We are not registered as a broker, broker-dealer, investment adviser, agent or representative of the U.S. Securities and Exchange Commission, or any similar authority. We do not teach or recommend to any Client their financial suitability to trade equities. We make and offer no analysis or advice regarding your individual financial suitability to trade equities as a day trader or otherwise. We are not responsible for what any Client does based on our opinions.
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