Momentum Daytrading - Tricks of the Trade Message Board

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

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To: Tai Jin who wrote (289)	1/17/1998 4:20:00 PM
From: wmwmw	Read Replies (1) of 2120

But ken's theory says we should buy at the first bottom. If you are ready to short any stocks that gap down, at what point you put your short? See CLMT Friday: Previous close $10 3/8, it gap-down opened at $9 1/2, then down to $8 5/8, bounced back to $9 1/2 (short now?)then $10 1/2, stayed there for 2 hours, ( short at this point?) then went as high as $12 1/4 and close at $11 3/4. So short is as dangerous as long.

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