LEON HARRIS, CNN ANCHOR: Analysts, as well as investors, are trying to figure out the market's ever-changing moods. CNN's Bob Beard is watching the action at a day-trading facility. He joins us now live from Arlington, Virginia -- Bob.</s>BOB BEARD, CNN CORRESPONDENT: Yes, hi, Leon. These investors are definitely trying to figure out the market mood right now. These are day traders, where the rubber really meets the road for individual investors there, individual investors. Plus, they try to wave -- ride a wave of volatility in equities, trying to make money on that. The Dow, yesterday, the fourth largest point-drop, of course, ever on those worse-than-expected earnings at P&G.; Everybody here, though, today, is pretty calm, focusing on their computer screens. And things are going pretty well because the -- day trading firms mainly focus on Nasdaq stocks and not the Dow. With me is Lawrence Black, he is a day trader. He made 900 trades yesterday. Lawrence, what's your strategy today?</s>LAWRENCE BLACK, DAY TRADER: Well, I'm going to go long and I'm going to go short. And right now, I'm just waiting to see if there is any momentum in the stocks we trade. And, in the morning, we are just looking for the right stocks. We are looking for the initial momentum, and then we take our initial position early in the morning, usually, depending on what the hot sector is.</s>BEARD: Did you make money yesterday?</s>BLACK: Yes, I did. I had a pretty good day yesterday.</s>BEARD: You had a pretty good day, OK. So, once again, the day traders here at Net Trade in Arlington, Virginia, are all at their computer screens, quickly moving in and out of stocks, mainly the Nasdaq, hoping for another good day. I'm Bob Beard, CNN, live in Arlington, Virginia. Back to you in Atlanta.
Day Traders Look to Read Market Mood Swings