Discussion in 'Trading' started by FAST.AM, Nov 13, 2007.
Dead cat bounce or time to buy...
I still believe we head to 12,500
what do u think?
Its only 9.50 am looks weak to me.
we need to see follow though buying into the close
this rally was most anticipated ...
market was very oversold ..
its a dead cat bounce ... no way around it ..
sell rallies !
Yes pretty weak action.. csco - emc no conviction volume etc
I'm liking the WOTM (way-out-the-money/previously ATM pre-bounce) puts:
Then sell into strength (weakness in stock). Been doing it since last Wednesday's market shift - all the while my long stock positions got stopped out.
With each new low a 5% allocation is adding 15% to portfolio
Seems to be really working good!
Personally, I'm looking at a nice big gap filler before the day's over, IMO.
Nobody wants to hold the bag into the close. I would be shocked to see us run up into the bell.
Not a single believer in today's rally amongst the posters - things that make you go hmmmm
I need my fix! StckTdr quote for the day, lol.pS
"At these levels it would be absurd if I DIDN'T double down!! GOOG, etc. are the greatest companies to grace the planet and will be for 100 years! After all they've already jumped 5% - I don't want to MISS the boat - BUYING OPPORTUNITY...HEED THESE WORDS I KNOW WHAT I AM SAYING"ST
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