Home Run
How do you hit a home run on a trade? By listening to the market when it
talks to you. When you are able to hear what it is saying, it can seem as easy
as hitting batting practice home runs is to Barry Bonds.
10:03:01
Plunge Alert
SPX Corp. (SPW)
is shooting lower after gapping to the downside. The stock came in with
better than expected earnings Tuesday morning, but is selling off on the
positive news. SPW is down 15.60 to 95.75.
10:18:25
Intraday Setup Alert
SPX Corp. (SPW)
is now staging a counter trend rally off the intraday low. SPW is down 14.35
at 97.00.
The stock gapped down on what should have been good news. It is
telling you it wants to go down. The fact that it is a high-priced stock helps
for a larger point move out of the counter rally.
11:17:16
SPX Corp. (SPW)
has dropped more than 9 points since being profiled in the 10:18 post. SPW is
now down 22.89 to 88.46.
Now, all your trades will not turn out this way. But when you
learn to hear what the market is saying, you will uncover more of them.
Until tomorrow,