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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?


To: steve goldman who wrote (3524)8/28/1998 4:31:00 PM
From: TraderAlan  Read Replies (1) | Respond to of 4969
 
Steve,

Not necessarily for you but to the rest of the group: interested in how your day trading strategies worked this past week.

Did your shorts work? Were you playing the upticks long in the middle of the day? Did some of you just move to the sidelines in the downdraft and make your money Monday and Tuesday? How was the liquidity? Get in and out easily?

Things looked to me like the easiest money this past week was late morning, mid afternoon during the selloff days. But there was sharp selling into the breakout points where you'd normally expect some continuation. I'm not a great short seller so I didn't get too bold the last couple of days.

Alan