本帖最后由 暖漾 于 2009-4-17 02:04 编辑
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lite1067 发表于 2009-4-16 01:32 
I do consider the broad market just to mention a few:
1. Fundamental perspectives: ERs, MM's holdings, whether the reports will affect the stock price or not, differences between quarterly reports
2. Sectors: Retail(CPI,economic data..);High Tech(new products releasing..);Bio(Gov intervention,experiments,FDA,PHASEI,II,III..); historical tendency to gap up and down near OE? so on and so forth......
3. Individual stocks: have your own watchlist on streaming, and a stock pool. Know each one's trait and pattern, find the ones you are best at. Note I dont post a lot of stocks everynight here because it would be more manageable and then I also add some before the open and during the session. And I do touch others like options, ETFs other than these. Actually I do relatively more longs than shorts for these stocks in bear market, which is a bit interesting.
Any other details and experiences stuffs like so-called market sense and strategy, I mentioned a bit to the members on Monday DT show, and lastly analyzing current news immediately and having your own system is important as well.
One thing I mentioned in pre-trade checklist is that I check to see if my trade is in the direction of the market. I keep one chart of the 5 minute Spyders and try to place my trade only if the current SPY chart is going in the direction of my trade. In other words, if my (long) trade is about to trigger, but the 5 minute SPY chart is selling off hard, pass on the trade.
You are really getting it, I dont time the market, but I plan my trade. If the price reaches my trigger price, that means it is going in the direction which you better follow.
Google came out with some great earnings, matter of fact, they beat profit estimates. However, their sells actually declined, and they have laid off 50 plus people which it never happened before. This graph below did show a bearish divergence, it may break down the triangle, or least it would go sideways to form a decent base. |