Biotech - Technical Analysis Message Board

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Biotech / Medical : Biotech - Technical Analysis

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To: XenaLives who wrote (138)	3/8/2002 7:48:38 PM
From: JEB	of 544

These are the futures contracts. Its an auto-refresh page but runs slow. I use this for a pre-market indicator. I want to know how the general market looks prior to open then I review the news once more and just prior to the open looking for a market killer or stock runner story (on one of the stocks I'm watching). The stocks I watch were charted the night before and I decided which trade I would make depending on the direction at the open (this is for day trading). I work out opposing scenarios prior to trading. At night I will review the historical chart of each stock and how it trades during different market conditions and the distance the stock can travel intraday (always key the volume). Also, I will chart the sectors and the general market my stocks trade. I will review the news of the stocks, oil, MSFT, and sector news events. Read the general news for the market psychology and deem the health at the current point in time. That health will change overnight so keep track of premarket sentiment and believe your gut. ...there's more but if I keep going it'll end up being a book. Good trading, JEB

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