Saturday, October 4, 2008
The best shorts
The best shorts are from the multiday up charts. Am I just now coming to the conclusions that Sykes has already found? Possibly. The difference between me and Sykes is that I think there are good trades to be made every day, and also day trading the high day rangers. However my recent stats from the Muddy picks as well as my own stats on 4 and 5 day run ups seems to lead to the same conclusion: wait for the best opportunities.
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1 comment:
Agreed Johnny, especially on the fact that there are good plays everyday, even if the profits don't come till a few days later.
I used your 4-day up filter to find COMV the other week, thanks very much! It couldn't hold 7, I've been out for a long time, but closed yesterday at 4.25. I run that scan everyday now along with the dayrangers, red candle floaters, etc.
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