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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (773)9/30/1998 8:31:00 PM
From: Alastair McIntosh  Read Replies (1) of 43080
 
Watch List for Position Trades

I look for stocks that show strength counter to the market on down days so that there is a good chance of outperforming the market as it reverses. The following stocks all moved up today on good volume and closed at or near the daily high. Some reversed a down trend and some continued an uptrend.

AVP
CCL
ENE
ERTS
OCR
SANM
QNTM
UNPH
USWB

I will enter any of these that show continuing strength (new high after the first pullback) during the first hour.

I enjoy the thread and hope its O.K. to post this. Criticism welcome.

Al
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