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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (97)	1/8/1998 4:26:00 PM
From: Ken Wolff	Read Replies (2) \| Respond to of 2120

Hi James, what do you mean by open Shorts, and how do you spot them in a timly maner ? OPEN SHORTS are the stocks that I expect to fall from the OPEN PRICE. But I consider the market mood as I don't want to be caught in a strong bull rally from the open. I only consider those stocks that fit my pattern and have a HIGH PROBABILITY of dropping after the open. For example any stock that is up over 20% in price overnight would be a candidate, but you must track the average behavior on each. Ken mtrader.com