posted
This relates to momentum buying of uptrending stocks. What is interesting is the typical surge just before a cessation of momentum, noted in many examples of change:
posted
Sell at the momentum surge. But sometimes a surge up day is followed by a smaller upsurge the next day, but not usually if the first upsurge was really huge - then a pullback is near.
-------------------- The light of truth is blinding to most.
More comforting to look only at the shadows of falseness. Posts: 4402 | From: Florida | Registered: Jun 2003
| IP: Logged |
posted
same for downtrending especially s-8 filings. first day huge down followed by all down and last day is usually big like first day....
Posts: 9110 | From: boston, ma | Registered: Jan 2004
| IP: Logged |
posted
That may work for some people, but to me,it is a gamble. Why not buy reliable stocks with dividends, that continue on an upward climb like I do?
-------------------- As for me and my house, we will serve the Lord! Posts: 622 | From: USA | Registered: Aug 2004
| IP: Logged |
quote:Originally posted by Kate: That may work for some people, but to me,it is a gamble. Why not buy reliable stocks with dividends, that continue on an upward climb like I do?
Those of us who trade pennies are not concerned with slow upward movements. We are more tickled with our ability to catch a pump-n-dump wave and ride it untill the next arrives. Ten percent in two months can never be compared to three hundred in two days.
Posts: 1019 | From: Are You With The CIA? | Registered: Dec 2003
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
![[Smile]](smile.gif)
