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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (6277)11/10/1998 10:00:00 PM
From: Nazbuster  Read Replies (1) of 7247
 
Tim, as always, I appreciate all the efforts.

Made some moolah on XCIT today! What a beautiful sight when a stock just keeps ticking up and up and up with steady volume. Called the top just right. Called re-entry just right and got out safely with a 2nd small gain. Helps to repair the damage from yesterday. I can't WAIT for a fast execution system. If I can scalp OK with my current tools, I'll get the extra 1/16 or 1/8 with fast executions.

How often do you see this kind of steady price action on a stock? Is there any way to anticipate the sudden downdraft that XCIT and ASND had today?
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