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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Dan Clark who wrote (3658)	9/6/1999 2:51:00 PM
From: TraderAlan	Read Replies (1) \| Respond to of 18137

Dan, Just using your RT reports or one of the Net sources to ID those stocks trending down for the day on good volume. They would be the highest percentage losers on the reports. I locate these (many days there aren't great picks) and check out the charts to see the daily range and pattern. Many times a killer morning gap knocks out decent trading until at least the afternoon. The best ones I find are the relentless losers that drop some, consolidate, drop some more, consolidate and so on. But I also like the sharp drop, followed by the weak rally to prior resistance. Great low risk point. And fills are pretty easy because you are shorting a rally (at least a bear rally). Alan