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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Robet Butkus who wrote (4159)1/28/1998 12:31:00 AM
From: Mark[ox5]  Read Replies (2) of 7396
 
Anyone have a good candidate with these characteristics :

-Priced in $15-$22 range.
-Trades over 500,000K shares daily
-Is intraday volatile (i.e. swings +1 most days)
-Tends to move up on good days and down in bad days (i.e. high correlation to the mkt as a whole)

And something NOT in the energy/oil sector. Ive been using MDCO for this sort of 1-2 day position scalping/trading, (and MAVK before MDCO) but the whole sector right now is just so weak. Id like something with potential to actually give me an upside surprise and not be in a weak sector. The lower priced and more volatile intraday the better *grin* Please post if anyone has a good sacrifical offering.

Mark
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