daytrade diaries... wednesday, page-2

Too high too quick often results in the current pattern. That and the disappointing March retail results contribute to the 'fear' factor that is also an important part of mkng money on the markets. Expect more as the week progresses. Stick to trading only a few shares! Some shares like SSM and EHL will love this trading.

Having sold my GDN 3 times yesterday, I think there is enough in the kity to play some more today but at lower levels.

Watching ADY today for some short sharp trades in the 2.3 to 2.6 levels.

TOE > should see some support at these levels and as yet I haven't sold my stock hold.

RFE > One of the few shares that will buck the trend. Thinly traded and with options about the expire, current prices should hold.

FMS > There really is only one way and if you can pick it up for sub 7.0 - I think it's a fairly low risk trade.

BJT > Property trust should hold ground in this market and no exceptions here.

Goin Ex in two days:
17 April SOL Washington H Soul Pattinson &
Company Limited - 13 cents

Back when the rooster calls...

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