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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?


To: sam_o who wrote (1886)6/8/2001 1:50:18 PM
From: backman  Respond to of 6873
 
i'm short a little CANI around here....yesterdays volume spike in a technically weak stock suggests this has some downside potential....reminds me of RBAK spike about a week ago
backman



To: sam_o who wrote (1886)6/9/2001 5:33:53 PM
From: Michail Shadkin  Read Replies (2) | Respond to of 6873
 
Sam - "how you locate all your stock picks?"

I use Esignal to get quote feeds, level 2, charting, news.
I follow about 500 stocks on a scrolling page down screen.

about 100 potential longs and 400 shorts (fundamental analysis during last year)
I add and delete weekly, sometimes daily.

on shorts I have price alerts if they rise 25% or more.
If this occurs, I move them to the front of my quote screen for closer viewing.

I immediately look at the charts for possible support and resistance levels to find reasonable entry levels.

Patience is crucial.
I am never afraid to miss a play, there is always another one just around the corner.

Briefing.com is great for all kind of news and analysis, I advise every one to subscribe.

I also like to look at ipolockups for ideas.
I also look at clearstation.com (they have nice daily technical breakdowns by categories)

The daily % gainers list is always worth looking at. (usually in the evening, I dont want to be tempted to short too soon)

Many friends and POSALERT Club members are a nice source.
I am always asked to give opinions about new stocks, sometimes I find a jewel or a worthless stone.

There are many other, but these are the main ones.

traderpulse.com
Michail