Simple Consolidation

We remain in a trading range and the consolidation I’m mentioned two days ago is taking place. I am remaining patient as I look to shift my strategy away from day trading to a form of swing trading that keeps position size small to deal with the unbelievable volatility. I’m being more flexible with my stops on individual positions but will quickly cut my positions should we break support. I'm looking to make some more buys as we inch our way down towards 850 on light volume. I did do a little buying today, picking up a little PCX which was hammered percentage wise but volume was extremely light. I will look to add more if it gets down around $6 but don't want to see it below the 52-week low on big volume. This is not the typical type of chart I like to buy, but this is the sort of play that has been having the most success lately and in accordance with my site name, my style and biggest strength is to adapt like a chameleon to what ever style is giving the best risk/reward at that time. All types of styles work with great success the key to my chameleon style is to know the different styles in and out and identify which one is best fitting the present market. We have been a 100% day trader market for several weeks. I think this is about to change. I may be wrong and I always have stop out points should this be the case. My main stop being below 850 on the S&P on big volume. But if I am right and we do build off this consolidation to break through resistance our profits will be massive. Patient and position size are the keys to making this being profitable.