Downtown Traders CNBC contest picks

Friday, April 07, 2006

Markets are making this tough

Markets aren't treating my picks too kindly, and the sad part is that most of these have worked out great as daytrades for me. The problem is with having to buy at the closing price and not when a stock clears support. I am gonna try and mess around with creating a custom scan this weekend that shows stocks before the breakout. I ended up selling TRN and replacing it with MNST. MNST showed up on my stocks breaking out scan and were holding up until the end of the day. Hopefully, they hold above the nice ascending triangle. CREE held up well today too. I'll try and post a more thorough review of the portfolio this weekend.

DT

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