Daytraders After Market Lounge 13th dec, page-10

Off topic but on a serious note: If the instos and funds keep selling down the spec end & emerging companies they will force a deep painful recession on this country. It's already been pushed too far and there will be a tipping point where the damage will be large and fast, and the recovery slow. Squash entrepreneurship in this (or any) country and there will be no winners.

So when we take our scalps tomorrow I'll be trading in the stocks that actually deserve to hold their gains. Day traders exist because they can see value faster than the wider market can react, profit from it, and sell back to the market after taking a cut. However day trading is not sustainable if we exist on only pumping stocks, taking profits and bailing out before the stock goes back to its point of origin.

Something to contemplate over a dry martini tonight perhaps...