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

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To: Kal who wrote (217)1/14/1998 9:28:00 AM
From: Ken Wolff  Read Replies (1) of 2120
 
Kal,

With INTC reporting 8 cents higher than expected earnings, what would be a good day trade tomorrow?

All good news (earnings reports) momentum provides excellent opportunities and INTC would indeed fall into that catagory. I normally expect a gap up and a bit of a sell off at the open then a run to the upside generally.

Good Luck

Ken
mtrader.com
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