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

To: ozzi who wrote (1595)10/10/1998 8:35:00 AM
From: Judith Weintraub  Respond to of 2120
 
To: Dave Twibell (1226 )
From: Judith Weintraub
Saturday, Oct 10 1998 8:32AM ET
Reply # of 1227

Ok Gurus,
On Thursday there was a rec for STRX. But it went down. Then I noticed that there was a 400K buy on my
quotrek. It gapped on Friday like more than a point to 8 5/8. Luckily a mm gave to me at 8. How do I find
more like this??



To: ozzi who wrote (1595)10/12/1998 4:57:00 PM
From: Ken Wolff  Read Replies (2) | Respond to of 2120
 
I only count bottoms on dumpers and have specific rules to play them. Recently the gainers have also pulled back with various bottoms but the market is very unusual. You track them and try to find an indicator to allow you the average action on the group (ie number of bottoms etc). I cannot offer up trades like a chef offers a dinner... The market provides the action, I just play what opportunity I see.

Good Luck
Ken
www.mtrader.com


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