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

To: Dominick who wrote (650)	3/6/1998 11:08:00 AM
From: Ken Wolff	Read Replies (2) \| Respond to of 2120

<<<<<<Ken: I want to be sure I understand the definition the "Dumper". You said it must be down 20% from the previous day's price on mediocre news.>>>>> Yes...it has to be down 20% to qualify as a dumper. I look at stocks that come close too. I have found that 20% provides the highest predictability and I consider the NEWS as well. I am only looking for OVERREACTION!!! In any way shape or form. There are many ways to play dumpers, bottoms, shorts... ALL depending on what the news is and how much it is down. Good Luck Ken www.mtrader.com