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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Force Majeure who wrote (33851)	4/30/1999 11:58:00 AM
From: Nazbuster	Respond to of 122087

Thread... I just scalped a point from NITE by applying Tony's concept of watching for the churning... I watched the selling until the churning started: increased number of trades, prices not smoothly ticking but starting to go bid, ask, in-between. Waited to see several hit the ask, then bought at ask. It continued slightly down for a short while, then started upticking. When it started to run up I saw the churning again only a point+ up, so sold. It ticked above my sale point a little, but churning had stopped (pace slowed). Sure enough, it's now BELOW my orignal entry. Clean scalp. Not greedy. Didn't get best entry or exit, but got 1 1/8 point. 2 minutes. HEY! This stuff works! THANKS TONY!