OCTOBER reputation lives up again: The Rules of the game are changing: Strategy for Monday and next week

The new rules:

1. No overnight holds. The increased volatility (and overnight gaps) will put the advantage in day trading rather than swing trading.

2. I will look to get bullish for intra day trading in severally oversold stocks if the markets gaps DOWN HARD.

3. If the markets gap UP HARD, then i will avoid bullish exposure and look for signs of exhaustion and rollover and get short. Will be looking to short stocks that appear to be squeezed in a parabolic fashion(SS type trades).

4. Book profits/losses very quickly.