daytrade diaries... november 20, page-22

morning traders

thanks PJ,HLL,Noo for the news updates and wraps - it makes life easier and it saves time looking elsewhere.

The past couple of days have been breakevens for me with a good trade on TEX being offset by LNC & EMG trades yesterday.

LNC - good trading ranges the past couple of days with news on coal tenement sale due anytime. It didn't recover after a single seller took out 9 lines in one hit yesterday.

TEX - will buy in again on any weakness with drilling targets due to be reached in the next week or so.

NTC - one of the bounce trade contenders with a weaker than expected profit forecast delivered after hours yesterday.

I have a window with stocks most down by % on days like today for possible bounce trades. I usually go with the mid caps that i know.