SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kris who wrote (214)1/13/1998 5:46:00 PM
From: wmwmw  Read Replies (1) of 2120
 
Understand the market: the more you can do this, the less problems you will have.
The market seems to look down, because overpriced relative to corporate earnings. But how much it has been overpriced, the market is not sure. So it head down, then adjust back up a little. I guess in the incoming earnings reporting period the market will flunctuate with each perceived earnings adjustment.
And in a down market, the stocks are not priced as previously, they will be priced below we think they should be.
The stocks you mentioned are trying to determine the market direction, they are priced so as most investor think are proper relative to future market direction( That is,the investors in these stocks still think the market is like to go down in incoming days).
Daytrading: the least risky strategy is to long strong stocks when they are in dip in hot market, and short weak stocks when they are at top of their rebound when the market has a down direction. It is more difficult to do because recently the market direction it self is difficult to determine. However, if you notice my trading you will see my trading has been following market direction for these days.
This thread is very good, but not in real time. if any one can create a real time daytrading thread, I would like to join. We can talk about market direction and specific stocks in real time.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News