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Trading > ATM Wallstreet

Iar The Trade Of The Day

ATM Wallstreet | Thu, 02/07/2008 - 8:10am | market, trading |  Add a comment

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This morning the market opened with a novice gap down to the previous lows.  Once
it hit the lows the buyers loaded up the truck and off the market went to fill the gap
and higher.  As a day trader I was waiting for the dust to clear to find out what
stocks were on their own page.  I don't always need the market trend to give me
direction on a stock to trade.  That's why I love trading stocks verses the market
in general.  Once the market filled it's morning gap I went on the hunt for weak
stocks I knew there had to be a few.  IAR the chart above was one that I traded.
I also shorted RHD, AIZ, A, and NVTL.  Great trading day.
I have more market comments about the IAR trade above at www.atmwallstreet.blogspot.com

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