Dave Floyd’s Trading Service Performance Report – 10/24/02

  • October 24, 2002
  • Dave Floyd
 

Dear Subscriber,

 

Here are some charts for the AIG and HD trades
that played out fairly well today.  We indicated we would be looking at
specific levels in these stocks, and I trust you were able to catch a piece of
the trades if you were monitoring them carefully. 

 

The AIG trade is split into two charts: 1) a
30-minute chart, which displays the trendline we had been watching for a
break; and 2) a 5-minute chart, which displays a more “zoomed-in” view of how
the move actually played out. 

 

The HD trade is focused on a one-minute chart, and
although HD respected several FNs today, I chose to focus on stalking the move
over 30.50, which occured almost immediately on the opening.  It was
a profitable move from both an HVT standpoint and a swing trading standpoint,
so whether your time frame was just a minute or two or thirty, it was possible
to pocket a decent profit. 

 

If you have any questions or comments, feel free
to post a message in the service, and we will try to get back to you as soon
as possible. 

 

Have a great Friday. 

Dave Floyd

 

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