Hi folks I'm following you and the market with my laptop, stuck in my bed with a strong fever No trading for me in this conditions Hope everything is well for all of you. Have fun on the beach SpyderT
Sorry to hear you continue to fight off the Flu Bug. Get plenty of rest, and I hope you get well soon. The market will be here when you return. PETS has continued to cooperate nicely for me, but I have no plans to hold it beyond tomorrow (due to my departure for warmer weather). Ironically, current volume totals indicate PETS should make FRV by end of day. - Spydertrader
Hey Spydertrader, What made you decide to buy PETS? I had the stoch below desired levels when my signal was triggered.... Thanks, - The New Guy
My charts showed a Stochastic Divergence to the upside prior to the volume signal generation. Since PETS appeared on my watch list, I anticipated improved volume levels pushing the price higher. I hadn't really planned to trade today (still packing and running other errands before tomorrow's departure to a warmer climate), but I figured a few shares on a Fourteen Dollar Stock couldn't hurt my equity curve too significantly if I anticipated incorrectly. So far, it appears I anticipated correctly. However, I do not plan to hold beyond tomorrow no mater how well the stock performs. - Spydertrader
I bought PETS at 9:50AM CST at 14.13; I showed it meeting all requirements. I agree with Spyder that volume looks like it will exceed FRV today. Nice to see that this method works even when the overall market is enjoying a nice down day. Doug ps to Spyder: enjoy the beaches and forget the market while you do so.