Short Day Trading strategy

[beardance]

HI  Looking for some help in finding a good alert strategy to Short stocks day trading.  I struggle with shorts because when stocks are going up I always think they are going higher and when they are hitting new lows I think they may find support and turn higher. Any suggestions would be appreciated, thanks

[TradeIdeas_DA]

Lots of directions to go with this.  You could start by looking in this forum for ideas, follow our Twitter stream for example strategies, and/or comb through our posts on the blog.

This last suggestion I followed and discovered this strategy, "Up 50 Cents or More on Big Volume Spike"
http://www.trade-ideas.com/View.php?O=10000000000000000000040000000000000000000000000000_19_0&MaxDNbbo=0.5&MinDUp5=0.5&MinPrice=5&MinVol=1000000&MinVol5=250&WN=Up+50+cents+or+More+Last+5+Minutes+on+Big+Volume+Spike

It came from this post on our blog: http://marketmovers.blogspot.com/2010/03/stock-scanning-to-make-opportunity-out.html

In terms of design, like the strategy above, it is best to model the extreme move in one direction with the anticipation that it reverses rather than modeling the reversing action itself - which may or may not be as timely.