| Why pay so much attention to the first
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| | strong the next day and is actually on
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| few minutes of the trading day and who
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| | the "most points gained" list right after
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| the top 10 or 15 stocks are right at the
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| | the open, you have to watch that one! It
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| open?
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| | should pull back some from that huge gap,
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| As you know many times the market will
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| | base out and start climbing up again.
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| "gap" open. That is, it will open stocks
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| | To put it frankly, you can scan thousands
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| higher than they closed the day before.
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| | of headlines every morning looking for
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| This is important because "something" is
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| | that one "gem" of a story that will give
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| going to happen to that stock. It will
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| | a stock a big boost and a lot of times
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| either fall back down and be forgotten
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| | you find it, but Wall Street will show
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| (great short) on the day or it will "fill
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| | you those stocks and dozens of others
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| the gap" meaning it will pull back and
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| | simply by the amount of excitement right
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| then possibly move higher again. There is
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| | at the open. Some of your best research
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| no stronger indication of what stocks may
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| | can be started just two or three minutes
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| move later in the day than to take notice
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| | after the bell. Look for point gainers,
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| of who is the point leader just a few
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| | volume spikes, and % gainers. If you see
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| minutes into the day.
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| | a stock that is trading on the leader
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| Every morning you can scan the headlines
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| | board and it is up 2 or more points from
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| for stock moving news and take note of a
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| | where it closed the day before, rest
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| handfull of really interesting headlines,
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| | assured either it is being carried over
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| jot those companies down and in addition
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| | from the news the day before, that
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| to them, you want to see who the "market"
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| | morning's news, or some thing neat is
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| is moving. Many times you will see a
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| | going on!
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| stock up 3 or 4 dollars from yesterday's
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| | Use the leaderboard as a tool, it tells a
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| close and you cannot find one word of
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| | wonderful story. If you study it long
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| news about why it may be moving. These
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| | enough you will see very evident patterns
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| are often very interesting stocks to take
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| | emerge, and you will be able to benefit
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| note of because "something" is happening
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| | from these patterns.
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| there and it warrants further
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| | One last note: On a terrible day it is
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| investigation (inside buys, news leaks,
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| | even more important to watch the
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| new contracts, rumors of mergers, and all
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| | leaderboard early. Why? Because even if
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| kinds of interesting things could be
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| | the market beats them up and pulls them
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| causing the move).
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| | back, they could again be the winner the
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| Another interesting thing about watching
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| | next day. Watch for that to happen often
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| the "leaderboard" a few minutes after the
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| | and you will find some good bargains the
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| open is to affirm your own research. For
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| | next day.
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| instance suppose you see a mention about
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| | Larry is the publisher of and is a
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| the XYZ company looking good going
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| | recognized authority on the subject of
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| forward. You do a little homework and
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| | trading and has been publishing his
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| decide that "yes, this is a good looking
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| | newsletter, Stocks2Watch(R), since
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| candidate". Well, if that stock opens
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| | January of 1997.
|
