Stocks tend to pause at the whole numbers, but a lot of people put stops there (dumb idea). I have been watching the MM throw shares on the ASK and try to get people to panic sell, and today it worked.

I put in my bid early and it was one of the last to fill so I knew there were more share orders in the kitty. It was the stop orders that took it down to $1.59 and got me filled.

I use Power E-Trade but I'm not that thriled with it. I use MACD and Stochastics but more for verification of sentiment and entry points. I rely a lot on candlesticks and Bollinger Bands. Mostly I screen for stocks on a MetaStock formula I wrote that incorporates a variety of tools and my own formulas.

Then I look for what the sentiment is and trade the oposite. I like to watch how a stock trades for a few days to learn its "tells". I am probably one of the only ones who uses Fibinacci retracement but I have found that very frequently there is a reaction at key Fib levels and I play those. It works for me so I'm happy with it.

I generally put in limit orders where I expect a bounce and play it for 1 to 3 days. My bigest gains usually come on day 2.

KRY is different but still follows tech trading at times like these. Mostly I just play my gut from watching how it trades daily. When I see a whole lot of shares thrown on the ASK I figure the MM is trying to shake shares so I look for a buy. The opposite when I see loads on the BID. I am not talking about normal BID/ASK volume. I am looking for what seems out of the ordinary in volume that does not start a steep move. A MM would not want to show his hand so the overly large volume is usually a fake out. Most retail traders don't understand Level II so it is easily maniuplated. Knowing its flaws, I use that to find places where I think the MM is showing too much hand.