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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (41077)5/19/1999 8:54:00 PM
From: Jenna  Read Replies (1) of 120523
 
How we will trade on the volatility of the 'micro-caps'.

Daytraders only trade in stock that are already volatile and can allow the trader in and out with a decent profit in one day.
Up till today a lot of stocks like WSTF,BBA,IACO,ELTN have been relatively quiet. They move up slowly. The only time they get the daytraders attention is on a day when they make the "most % volume gain" list and/or "largest % gainer list". That is when we get to work..

Of course I would only choose the best of this group, as even for one day we want as little risk as possible and maybe a hold overnight (highly unlikely but possible). I've been tracking them for the last few weeks and they have explosive pops then go down just as explosively. Occasionally there will be a standout like SIGM or BOCI that are really pretty decent stocks.

Its not as risky as holding this 'stock' for 1/2 year or more, but we are only 'answering the calls' of the protagonists that push these stocks on us presumably for longer term holds.

. We get in, and out, hit and run and don't leave a trace behind. ... like a stealthy fox.
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