But, some at the opening. Then once I see not a whole lot of movement, and volume slowing down, then sell, shorts will drag it down a bit, yesterday was around 27, today, probably a little more and then buy back at around 2:30 or so depending on when stock appears to be moving back.
Sometimes, it works in the opposite way, price goes up at the biggening...
This has been the pattern most of the time, but it varies in little ways. Sometimes, there's more support at a given spot (somebody's accumulating); sometimes it drops more (maybe DOW is dropping 150 pts). It's a hard trade, but I think it can be done...
I've done this some, but I can't do it very much because I can't sit at my computer all the time. You need to keep your focus on what's happening.
So, I'm a long-termer.... |