Yesterday evening I thought I had identified three excellent Swing Trade Revert-to-the-Mean trade candidates. This morning, they all looked ridiculous, so I made no trades. Similarly, I had identified a number of gappers that I wanted to fade, but by the time I had dug under the covers, I didn't like the flavor of any of them, so I made no trades.

I'm gonna contact Mark directly about how he scans for the DRRBMP, (DR Rubber Band Morning Pop). Today was the first day I seriously attempted to find some of those, and was not impressed with the results.

As for the promised "basket" of stocks, I located a list that Trader Jamie posted online. It's a place to start.

I find I have a short bias. Somehow, I find it more satisfying psychologically to take a short position than to take a long position. Anyone else have this experience? (I know Mark confessed to the same "issue" as well. What do you supposed that says about us?)

I made some money on my Gold spread today. I confess I was concerned about that one. Gold has made a habit of hitting $720-ish and bouncing down the last year. I've had the December 700-750 spread since February. I took half off the table last week and the rest today. I have a couple more futures options positions to wind up, then I am out of the futures options business for a while till I master these day trading strategies and techniques.

Oh, one other thing. I got a copy of Edwards and McGee's Technical Analysis of Stock Trends for 8 bucks at Trader's Library. A new copy goes for $125. I call that a good ROI. It's not the latest edition, but everything I read says that nothing truly essential has been added since the 5th edition. I'll probably add Trader's Library to the sidebar.