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David,
It was good to read your post. In between the SOES players punching keys
and the EOD technicians, there doesn't seem to be many intraday swing
traders. I trade this way also. I like the NYSE because it does not have
the competition of as many professional market makers, etc.
A couple questions:
On the NYSE, stocks with 500,000 daily volumne and a 1 point range --
there must be at least several hundred of them.
How do you get them down to just 6?
I would think that you would miss a lot of stocks making moves for
daytrading purposes. I will get a list of 20 or 30 or so, because I can't
tell which stocks will make their move TODAY until they OPEN or at least
in the first hour.
I know it is difficult to look at them all, but that's why we have pages
in TS.
I also look at intraday On Balance Volume. Do you not look at any volume
indicators?
Neal
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> Does anybody else trade this way?
>
> David Fenstemaker
>
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