Good questions, it would take oh about a course or lots of DVDs to go into detail... I base most of what I do on the day prior's technical patterns, no re 3rd day, no I'm not looking for consolidations, I look for high volume breakouts/fades, to determine b/o or down it's a function of the tape/time & sales re directional move, I use market direction to help weight share size, eg in-trend = 2x share size as counter trend entries, no I don't trade pullbacks.. and yes setting alerts via the software, I use esignal, helps flag breaking stocks ahead of time, so I can keep track of many at once... and of course I look at whether the stock is in one of the currently-strongest 1-2 sectors at time of entry, look for increase in volume and avg share size in the tape when pulling the trigger, look at trin, and COMPQ in- or out- day (2d high/low b/o or not) etc...hope that helps!

Regards,

Ken