Jan 7th, 2008:
Good thing I went to mostly cash in my daytrading acct yesterday, have been buying back favorites here on dips, eg ZLC MGM LVS CAR GGP etc.
For what it's worth, I much prefer buying on dips/selling into rallies, instead of buying high/selling higher. Note the COMPQ runs in roughly 6-day
trends, which is why I sold most of my stocks in my daytrading acct yesterday.
Here's my latest trade confirmations -- I'm a buyer of ZLC LVS MGM CAR GGP BGP BYD etc:
Should be an interesting day, I'm looking to "build" positions in stocks that have sold down. Note it's risky to do so in day 1 (of potentially more
selling days) of a correction/selloff, after an uptrend.
(note these are not trade recommendations; they're simply to learn from, to see what I'm trading myself)