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

To: Coyoti who wrote (179)	1/12/1998 4:45:00 PM
From: Ken Wolff	Read Replies (1) \| Respond to of 2120

Hi Coyoti, Perhaps you could comment upon intraday repetitive patterns that you've noticed, that seem to go off almost like clockwork; I have generally noticed that after the open we have oscillations for about 2 hours that provide the most opportunity. Then I consider the hours prior to the last hour to be fairly narrow oscillations approx. 1/2 pt. unless the market is active. The last hour is up for grabs as it depends on who is buying or selling. Specific stocks will have specific price swings in which a daytrader can take advantage as you have indicated but it depends on the particular type of trade. I focus on 20% price gains or drops in ONE day as they are the most dependable. Ken mtrader.com