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: Ken Wolff who wrote (491)	2/12/1998 1:05:00 AM
From: Ken Wolff	of 2120

PUBLICATION STOCKS (PART I) A few years ago I caught a story on a stock that came from BusinessWeek magazine. The story appeared on Friday over the Dow Jones News Service and moved the stock fairly well. It occurred to me that I had seen BusinessWeek on America Online. As it turned out I was able to read the stories on Thursday night and develop a trading system for those stories. The interesting thing about BusinessWeek is that it did not hit the news stand on the West Coast until Monday. In essence what you have is a provider of momentum that can last for a week. I have developed a strategy to exploit this pattern. Note: The stories are found in the "Inside Wall Street" column. businessweek.com (continued...) Ken mtrader.com

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