daytrading may 25 morning, page-75

Here are today's reality checks....

AXE - the only bounce trade in this is a reverse bounce that will get you a tax write off as a loss against income. (Today anyway - not speaking for the longer term).

MGY - the only profit to be made from this was already made y/day - must have been very leaky to have done that much volume and risen that much ahead of today's ann.

GTG - up 56% but entirely on the gap up when it opened - so I see no trade here unless you bought y/day or day before.

On the bright side....it's Friday so two days without being able to trade this glorious market!