AverageJoe,Nice to see you on this thread. I remember you were...

AverageJoe,

Nice to see you on this thread. I remember you were on the OKAP threads a lot more.

I went in an out 9 times (18 trades) in total today. My last 2 times (4 trades) yielded brokerage losses. Took small losses 2 times and luckily made money on the remaining 5 times.

On a day like this (I remember I did the same with MEO couple months ago) there is going to be a rebound usually after the first 20 minutes. Maybe its short positions covering or punters coming in.

I would prefer to trade stocks that are on the way up and up but as long as there is volatility and volume that is all I want.

What is interesting is what the share price of SDL be by financial year end. This is when the dust would have been settled. Going by DML and FMS it does not look good. I do expect that the next 2-3 trading days the volume and volatility may still be here. Difference is that instead of a buy first and then sell play, may have to look at short selling strategy.