The_Level_Two

WHat do we do on red days?

AMEX:SPY   SPDR S&P 500 ETF TRUST
It's easy to make money when everything is going up. but what happens when we hit a red day in the market, or even week-long red days? We hunt.
AS every good hunter knows, it's best to hunt when there is blood in the water.

We start by filtering all of our watchlists by percent gain for the day/week/month or whatever time frame you trade on. WE are looking for the stocks to go against the flow of trading. Green stocks.
They act like rubber bands when the market returns to positive territory.

so in conclusion, when the market is moving against you, look for stocks that show strength and look for opportunities there.

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