SI
SI
discoversearch

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 : Working All Day, But Trading Behind the Bosses Back Thread

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark[ox5] who wrote (73)1/24/1999 7:56:00 PM
From: Jimmy Dell  Read Replies (1) of 779
 
<<As of right now basically I do most of the trading between 9:30-10 AM (for gap ups or gap downs)then again around lunchtime (seems internet stocks always go higher at lunch), and once more in the 2:30-3:30 time frame (good buys at this time as daytraders close their positions)>>

Yes, we think alike here - definitely 9:30 to 10:00. I also like to check earlier than that for gap ups. And I'd prefer to go until 10:30, after that I can wait until lunchtime. In the afternoons I prefer 3:00 - 4:00. If something good is falling right at the close as profit takers bail, that's often a good time to buy for a morning gap up.

I think that best suited for our sorts of circumstances are ones in an uptrend that you don't have to watch all the time. Some I like because they released great earnings last week and have good looking futures ahead, and so no earnings warnings are likely are: PLCM, ERTS, and ATML. If any of these gap down in the morning because of weak general market conditions, I might buy on the weakness for a hold. I'm already in PLCM. But even with these sorts it's necessary to keep an eye on the general market. I often just listen to the CBS hourly news on the radio to just keep track of the general market.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext