I do something along those lines as well. I am curious as to what you might consider a quick recovery?
Quick recovery would be within 5 trading days as a rule of thumb. You'll get the first drop, maybe the following day will be another emotional drop (emotional drops being employer slaves coming home from work and seeing their Co. has 'inexplicitly' dropped). A quick recovery is traders & investors who knowing their stuff, know this pullback will be fleeting and are taking advantage of the quick drop to then snap up a bargain.
Hahaha you caught me before I deleted that.haha It was a bit mean of me. Hes just detrimental to the forums is all,hovering over his keyboard,poised and ready to make some mostly nonsensical reply on every post. A lot of things finish the way they begin and with him jumping on very post,what hope do you have. Hey Max,its 2024 and we're discussing a trade on xyz,you dont need to tell us that the only time to trade it was in 1979 at its all time low. Its painful. Ok,I got that off my chest,carry on.