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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: Davy Crockett who wrote (45662)11/28/2000 3:36:37 PM
From: Nick Morvay  Read Replies (2) | Respond to of 62347
 
T.NT out 57.85 +.43 avg. eom



To: Davy Crockett who wrote (45662)11/28/2000 3:44:10 PM
From: Rocket Red  Read Replies (1) | Respond to of 62347
 
If the Nasq doesn't bounce before the close it will be ugly again tomorrow.

All the Best in your Trading(Short or Long)I'm sitting on the sidelines watching.

PS I hope old Greenspan gets what is coming his american way and no affence to the US traders but Greenspan blew his load long ago and Now the American Economy maybe in deep trouble.Just My opinion.



To: Davy Crockett who wrote (45662)11/28/2000 4:18:25 PM
From: Nick Morvay  Read Replies (1) | Respond to of 62347
 
I used to watch the NAZ, TSE and SP500 futures indicators for broader time frame market direction and trade within that context. I no longer do that. I trade the here and now time frame using my indicators. Don't care where the market is going unless I'm doing position trades, I only care where the stock I'm trading is going in a day trade. As an example, while the NAZ was making a small bounce at 3:15 - 3:30pm my indicators for NT had signaled a turn down and was out @ 57.80 57.85 at 3:31. They just clouded the decision process and had to employ more rules for taking the trade which make it more complex. SIMPLE works best for me. I would normally play the close but in this down trend I did not want to take the chance to get caught in the draft and have to hold overnight. The 1.30 profit today exceeds my daily requirement so I'm happy and I want to keep it. LOL

Regards,
Nick