March 1, 2004

My Market Report for Today

I had eight buy orders trigger today. In general, it was a very good day. Only one purchase wound up in negative territory for the day. As a result, my current trades ended up 2.6% for the day. I’m down to 70% cash.

The buy orders that kicked in today were AMPH, CMC, DOCC, DY, HAR, KCS, NRD, and SFY. I’m going to go over the 30-minuted intraday graphs on each one and set tight stops for each one.

One that got away was EPEX. It was up 15% on massive volume today. I looked at it last night and, for some reason, passed it by.

So far, my new strategy is working well. Instead of swinging for the fence, I’m only looking to make some base hits. With enough base hits, I should score some runs.

Posted by Ted at March 1, 2004 7:53 PM