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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: ViperChick Secret Agent 006.9 who wrote (24261)8/14/1998 12:17:00 AM
From: HairBall  Respond to of 94695
 
Lisa: I just recently started Day Trading again. Since I started directing my own investments in 1986, I have been a medium to long term investor.

I have been trying to convert my "stuff" to day trading. I have not had the time tonight to do a thorough analysis, so don't bet the farm on this. Based on what little analysis I did do, I expect an open down, with a early reversal, transitioning into primarily an up day tomorrow for the majority of the day.

However, I suspect most traders will not want to be holding over the weekend. So, I anticipate (but am not sure of) a strong move down at the close.

My stuff does not predict numbers, just direction! Just getting my feet wet. I will be out of the market for most of the day. I have a late morning meeting and lunch on my agenda.

BWDIK
Regards,
LG



To: ViperChick Secret Agent 006.9 who wrote (24261)8/14/1998 9:36:00 AM
From: HairBall  Read Replies (1) | Respond to of 94695
 
Lisa: I am going to have to stop guessing at the open. I should just stay with the overall direction! <g>

Regards,
LG