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Atmevaha

mid day review 09/19/07

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date 09/19/07 time 1.37 pm

The markets have zoomed into a new high. Well congrats to the market for that. What do we do from here on is the next question?. There is never time enough to sit back on your laurels or lament your lossess when you are trading. Just keep at your desk and work. Money is the consequence never the aim of a great mind.
After going through the markets today i found out that the only stock worth buying today would be Rcom at the days close. Having written that the close has to be above 542.35, which i think it will easily achieve today, but the hourly chart formation also has to be in place. For that we will have to wait till the 3.00 pm closing on hourly charts. For the 14 stocks that i follow i keep the hourly movement too, day in and day out. Cuurently it is quoting at 560 in the futures segment where i wish to take the position. I will keep u all posted once i have taken the position.
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