Nuttin'
I can confidently say that at this moment - 1:45pm - there is nothing and will not be anything for me to trade today. Here's my watchlist:
PAY, IVZ, PRKR, ATVI, JAKK, DNA, KBR
Dec 3, 2007
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9 comments:
Short watch list and not trades for me either.
AXL would have work, but I chose RIMM and still didn't make money.
I had one in some crap today (ATVI). I bolted when it could not break the highs. I can pay for a SBUX latte now.
Jerry,
AXL looks good on the chart, but I was looking at the Level 2 and the Bid-Ask spread was often 10 cents or above. The spread between the entry and the stop where I was looking to enter (10th bar 30 min) was only 25 cents.
strange... AXL didn't appear on either one of my scans.
greytrader: Spread scared us away from many good trades.
oonr7: It was from prophet and ib top loser.
OO: I have AXL on my list:
http://hammernr7.blogspot.com/2007/12/gaplist-2007-12-03.html
But I was late.
AXL looked good at the +/-50% PB intraday fibbo? it moved too, but when teh mrket is in slow motion like that, yo can really get whipsawed.
PNK AXL RIMM not bad on the 30" charts. DNA 15" PODD NCTY fast 5/10". FNM FRE short at the open with the sub prime news. Ditto PAY
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