April 22, 2006
Stock to Watch — Labor Ready (LRW)
Labor Ready moved to a new high on nearly four times average volume, and it’s approaching its all-time high as well.
Labor Ready, Inc. and its wholly-owned subsidiaries provide temporary employees for lifting, hauling, cleaning, assembling, digging, painting, and other types of manual or unskilled work. The company was incorporated in 1985 and is headquartered in Tacoma, Washington.
Cat: | Time: 8:24 am (utc+8)
April 23rd, 2006 at 12:47 am
I’ve been day trading for three months and after doing everything wrong, i’ve decided to stop trying to reinvent the wheel and to go into trend following since I feel that will give me the best results at this stage in my career. I was wondering what unusual volume scanner do you use, and as far as exits, what do you think works better in the long term? I’m thinking using a stop below the low of each strong bar that goes in my favor (15 min timeframe) vs holding on until the end of the day and sticking with my original stop. I’ll also be setting up a blog and linking it back to your site. Thanks for the advice in advance. Your blog has been of much help already.
April 23rd, 2006 at 4:33 am
hi maoxian, ive been looking at your blog for a while and i find it interesting. i have a stock i would like you to evaluate, it is NCTY, a china play, one of your expertise.
tnx.
-piggy
April 23rd, 2006 at 11:52 am
Rafael: pretty much every real-time charting/trading platform has an unusual volume scanner. Some good ones that I’ve used are Realtick’s HotTrend and Qchart’s hotlist.
April 23rd, 2006 at 11:53 am
piggy: I’m glad you like the blog. I never give evaluations of individual stocks to anyone, sorry.