
Trade only with clear and convincing pattern Be Patient |
| Friday, May 12, 2006 Day Trading Stock between 7:00AM - 8:30AM (West Coast Time) Day Trading and Swing Trading During Trading Hours: STS (Short Term Swing, 1 to few days) (New) Good Morning Overall market strong in downtrend, we wait for much longer time. AOB RRD 5/12/2006 11:59 AM AOB: Entry level around 5.60, Stop loss at 5.50 (cancel, market is down) For short term swing ______________________________________ Swing Picks (1-3 months) Both Dow and Nasdaq are in DownTrend. 5/12/2006 10:23 AM RRD: entry level around 33.50, Stop loss at 33.10 (cancel) The market is in downtrend. It is optional for swing 5/12/2006 10:47 AM ELN: on watch list, it breaks out today. wait for pullback, maybe on monday. buy and hold for 1-3 months. this is a big company with 6.7 billion in market cap. If you don’t care small loss, buy today after pullback and set stop loss at 14.50, it is at 15.40 ______________________________________ LIVE Training for Part Time Trading Will post a copy from Huang club Announcement: If Market is trending down in first 2 hours, No Live Day Trading Copy from Huang club I go for joggling, be back an hour or two later. (07:50:03) I can trade AOB now. But this action will be quick and hard for members to follow (07:45:06) In a strong downtrend market, losers keep their holding, winners know when to get out. I am preparing new Get Out Patterns / Profit Taking Patterns based on my fundamental patterns. The cost for Members is $300, for subscribers is $600. This make a big difference for my short term swing program. I am planning not to scale down private lesson. (07:37:25) We will wait for market to settle down. Both Dow and Nasdaq are in downtrend (07:17:46) Market opens down strongly. We just take our time to relax. (06:35:56) Dear members, the market has changed and we need to change. Our goal is the same - taking profit from Wall Street consistently. Early morning day trading requires more skills and is harder for students to follow. My trading fundamentals are the same. I will post stocks with entry level, stop loss level during the trading hours. It can be for day trading and short term swing. It is easy to follow. The only problem is I do not know exactly time to post these picks. So members should check back during the trading hours. I am pretty sure this will make your a much better traders. Good Luck (06:29:54) |


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