Befriend the Trend Trading Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Befriend the Trend Trading

SPY 681.92

-0.7%

Dec 31 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ken Adams who wrote (2598)	1/13/1999 7:14:00 PM
From: Dr. Stoxx	Read Replies (1) of 39683

You can pick 'em. But you gotta be in to win...as the saying goes. KERA is a beauty. Strong steady uptrend with opportune pullbacks to support. It was on my buy list today, in part due to your DD, but its opening gap caused me to back off. I am considering making it a rule that when a stock in a strong uptrend gaps up (and conversely for shorts), that one should watch and wait for the first 30 minutes of trading. If it is still going up, get in. If sellers are in control, then stay away. I learned this from Pristine Day Trading, and it is making more and more sense to me in this crazy market. Everything hot is gapping one way or the other, and if we are going to keep making money, we have got to find a way to trade them. Nice call, TC.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next