daytrade diaries... february 9, page-39

  1. 14,981 Posts.
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    Morning all
    Crazy times indeed. I think our market will respond better than expected today and believe we will see short term pullbacks on open, followed by bargain hunting / scalping as always.

    These pullbacks have only lasted the first 5-6 minutes in many stocks, and expect nothing to change today.

    I like this artlciel posted by pjsimon this am:
    Angelo Campione,Market Close to Finding a Short-term Bottom
    http://www.marketoracle.co.uk/Article17087.html

    I will be excited about OBJ's action today. yesterday there were some very large orders going trough on buy, not sell sides. 4.1m for example from one buyer, plus some.

    I think we will see the old 7c high tested soon, based purely on the reaction to the ann yesterday and the significant accumulation we saw yesterday.

    Will be buying on any drop for the quick bounce, but hoping for a higher high today

    SSN
    Expected more but am happy to sit and wait for more to happen as they get closer to results. Believe someone is trying to push it down so won't argue, will just wait till they have finished

    VIL
    Looks to be opening pretty well.
    I am holding both VIL and OBJ, and feel these two alone could be portfolio changing stocks in a relatively short period.

    Anyway, that's all I have time for good luck today folks.
 
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