April 25, 2006

One of those days

Today was a choppy day - I struck out. As I mentioned before, after three failed trades (strikes) I turn off the computer and quit for the day. So even a bad day is kind of nice because you get the day off to do other things. Still, I'd rather make money every day. But the weather has been great, so it is kind of nice.

Comments

Yo Ugly,

What made you notice ESRX that made you decide on trading it? It didn't look very active from my perspective... not criticizing, just curious.

Later,
B

Posted by: Brant at April 25, 2006 08:46 PM

Hi Brant,
ESRX is a declining alpha stock that gapped down, so it was on my short list.

Posted by: Ugly at April 26, 2006 10:00 AM

Ugly,

Maybe I'm stupid here, but what is a 'declining alpha stock'? I Google'd it and didn't really find anything. Is this your own proprietary trading method? Could you explain?

Thanks!
B

Posted by: Brant at April 26, 2006 04:09 PM

Sorry - it is a stock that was once a top 100 alpha stock and has declined off of the list.

Posted by: Ugly at April 26, 2006 09:41 PM


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