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Strategies & Market Trends : Intraday Updates, Analysis & Strategies for Daytraders -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (238)3/14/2001 12:15:02 PM
From: Jenna  Read Replies (4) | Respond to of 589
 
<font color=purple> BMET nice. A watch List for March 14, 2001 marketgems.com Here is a watch list I used today.http://www.siliconinvestor.com/readmsg.aspx?msgid=15492559

Message 15495557

(also used a few from yesterday to the short side) We are trading off the 5 or 15 minute (preferrably the 5 minute). The strategy is the same, buy on 9:50 to 10:00 reversal period or short depending on the direction of the watch list play, sell the spike high, then go and short that spike high on the reversal bar or the following confirmation bar. Hold that short and add to it or wait until it pierces the 20 period moving average t the downside. and wait for any reversal bars to the downside like a doji, long lower shadow, Harami, Piercing pattern, etc. on the long side after that (by now it should be near 1:30 or so) wait for a late day rally or slump and we short or go long into strength/weakness. the SMASH & GRAB strategy.