Not seeing the market atm and stuck behind screen all day, so switched to that guilty pleasure the DT.
Not a TA expert (although have glanced at 1000s of charts) so have to invent other ways to skin a cat.
Like the active buyback in market play, AJZ my poison atm, only looking for 2% on large (for me) trans size, when buybacks are in market stocks always seem to follow the 2 days in 3 they always finish strong rule. Not today, but prior 2 were good so ahead.
Other play (beside the normal rhythm of the trading day) is scanning the MI evening wrap for nothing else than the broker upgrades section and concentrating of the larger houses (UBS, GS, Macquarrie etc) for buy upgrades then trading the lag the next day as the info works its way thru the client list, seems to work more than not.
More a STT person, that MI evening wrap a good read, people pay good money for broker rec's and the latest all there, should be a law against it.
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- Day traders' after-market lounge September 3
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