You guys gotta quit quoting Turd. Everytime I read a quoted post of that dumbass, I can feel my IQ drop a point. With my lifestyle, I need those little suckers.
Zanger will get into a position and then leave it when he feel the trade turns. I have seen him wait for days or weeks while the trend plays it out or a matter of minutes. It all depends. When the trend turns, then he will get out. Most often when he stops highlighting the stocks in his newsletter they will still continue to go in the direction he stated before...
MA about to complete the 2nd shoulder rest look okay... market is bottomish looking though. Disclaimer: Short MA for the gap fill
He doesnt state reasoning on his website. He puts up a chart with some lines and a few sentences to describe what is happening. Thats it. Zanger is a chart reader. He uses bar charts, volume and trend lines. You never see him talk about fundamentals except for how many shares in the float and revenue growth. Once the 4 horsemen started slipping he was watching and caught the move.