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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade

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To: Ken Wolff who wrote ()1/5/1998 2:28:00 AM
From: Ken Wolff  Read Replies (1) of 2120
 
DUMPER PATTERN - Dumpers are stocks that dump 20% or more on mediocre bad news, such as missed earnings by 1 cent. The market ALWAYS over reacts to this bad news, and I play the bounce or correction at the bottom. I only play mediocre bad news and not real bad news dumpers such as missed earnings by 30% or SEC investigation news, etc.

Ken
mtrader.com
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