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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: acuransx_2000 who wrote (62852)	7/27/2002 4:51:14 PM
From: SirRealist	Respond to of 208838

Consistent profits day in and out? Try: work. <GG> I don't think there's any safety yet. And for investment purposes, best to wait 1 more year. For swing trading, there's opportunities ahead nearterm, but I can't define them today. In about 1 week, they should be easier to see.

To: acuransx_2000 who wrote (62852)	7/27/2002 6:01:28 PM
From: SusieQ1065	Read Replies (3) \| Respond to of 208838

Can anybody name some good, safe trading stocks where you can make profits consistently day in and day out. well, here are some things that work for me pretty consistently... 1. At the Open...Buy/Cover an excessive Gap Down...Sell/Short an excessive Gap Up.. 2. Pre~Lunch:...check the "Biggest Gainers" List...excluding low~float, low~volume movers...scan for overbought stocks.. use a 30~minute chart with Stochastics..if volume is declining on the move..and if Stochastics are near 100% overbought, you will have good success rate by shorting there...especially successful if the move is into a major Moving Average.. 3. End of Day: use the Pre~lunch Tactic...but use a 60 minute chart...look for the same conditions. 4. Simplify by playing Indexes instead of stocks...BBH/DIA/SPY especially good vehicles...easier to identify firm support/resistance levels.. 5. MSFT can be any traders bread~and~butter...it's a great channel trader...keep it up on screen all the time...plus it's just a great barometer of the overall market.. and just recently, Marsh taught me how to use the ECN's.. open an Island book and look at the Ratio of Buys/Sells..