daytrade diaries... july 23, page-2

  1. 8,937 Posts.
    Thanks HLL

    "I tried to force trades that weren't there yesterday and finished the day with a loss for the first time in weeks."

    I am in the same boat! My trades have been slim with HFA, EHL, OBJ yesterday but slim profits, with two medium losses in MDT and MGK realising an overall small net loss of $300. My first in weeks!

    Despite the DOW losing 36 points the trend is intact and the NASDAQ was up again which will lead the DOW in coming sessions.

    Plan of action:

    PRR > I feel it's set for a bit of a re-bound. Might not be much in it but possibly 7.0?

    PRE > Picking up stock at 1 cent with the view to convert at 1.1. Fairly confident at this point.

    MLS > Stirring ... back to 3.0

    OEX > Strong indications of rise to 18.5...

    Strong watchlist again > HFA, MEO, EHL, CNX, OEX, MGR

    I'm not expecting a 'terrible day', but more considered in trading style.


    iPod
    TEEPEE SALESMAN



 
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