Trade What You See, Not What You Think Message Board

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Strategies & Market Trends : Trade What You See, Not What You Think

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To: Threei who started this subject	11/8/2001 5:10:08 PM
From: chris-	of 867

Play of the Day realitytrader.com Today is a more illustrative than normal example of a few shorts we traded today. Today's video review places the NDX, FLEX and CMVT charts by each other, in order to see how we use the NDX to help with our confidence for getting more short oriented this afternoon. You will be shown why the NDX is used as our general Nasdaq market indicator, and why we went in with FLEX and CMVT when we saw the NDX breaking down. Scaling out issues are also discussed as well as why we wanted to hold overnight our remaining shares in both of these stocks. Hopefully we'll see some follow through in the next couple days to stay with our short focus. Have a great evening. All the best, Chris

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