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 (1590)	10/9/1998 7:19:00 PM
From: ozzi	Read Replies (2) of 2120

Ken, Thanks for the morning calls this week. I had a rough start though, couldn't seem to do anything right. Couldn't count the # of bottoms a particular stock was going to have. Of course you always want to buy the last bottom, but what pinpoints the last one? What do we need to look for? Are there any particular signs one should look for or does one figure on being stopped out a couple of times on a dumper, with multiple bottoms? Some of these stocks with 4-6 bottoms were already down over 40% at opening. ENCD was an easy dumper to read today, for a couple of good plays. How about a couple stocks identical to that one, everyday? Thanks, Gary

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