Trading Technique: Trading daily Alligators
Rules of the Road:
-Identify the big movers on the long and short side in the 1st 2 hours of trading.
-If you can get the ideas in the 1st 1/2 hour than put on the position
-If the idea is discovered later than make a list and check it twice
-Then look to put on the positions between 1:30 and 2:00
We are looking for the follow thru into the close of the Alligator from the morning.
Stocks: Daily Alligators (D.A.)
D.A. long - RL
D.A. short- KEY, MI, TRMK, MTB, CMA, SNDA, GENZ, CTXS
Wednesday, May 28, 2008
Time: 11:18
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