Replies to post #14453 on The Day Shorters Room

[EVO]

now lets go back to my saying from earlier today, you have to adjust your strategy as the mkt conditions change. last year and earlier this year I would agree and say you are correct with holding things for a couple days. It did work. However, currently in this mkt its very hard to hold things for more then 2-3 days...things just dont follow thru no matter how nice they look. You have stocks that run up to a key level (AMHI .055 ex..) and as soon as they hit that level of break out potential they fail, or break it and fail at the next uptick...this has happened to so many recently...maybe when th emomo comes back I will once again adjust my trading strategy to fit the mkt conditions at that particular time

[EVO]

I'm not saying your WRONG, I just think the strategy doesnt fit this current mkt right now of holding things...look at all the dilution that is happening..I'd be scared to hold things over night....just no follow through on a MAJORITY of things... you'll always have something that'll buck the trend and go up but thats a rare hit now a days