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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: ViperChick Secret Agent 006.9 who wrote (5222)	1/29/1998 4:10:00 AM
From: Chris	of 42787

late reply to lisa: my answer: i dont know.. bob g. gave a good answer.. <<First bounce off the 200-day ema is usually reliable for strong stocks, after the bad news subside. Scalp it on the long side when buy volume returns. Second bounce off the 200-day ema is medium risk, often tradeable since institutions take time to distribute. Third or more rebounds off the 200-day ema ... only idiots take this risk What do you think of this idea about not trading if it bounces three or more rebounds....there is an idea around that this would show strength...>>

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