The Dead Cat Bounce Theory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Dead Cat Bounce Theory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: stockvalinvestor who wrote (29)	3/20/1997 1:17:00 AM
From: GR	of 1836

I trade for my bread and butter.Buying on the dcb has worked for many traders for a long time.If you've read other threads you may have noticed some of my other posts.recently I bought CEXP at 10 and change and sold at 11 7/8.It is down under 11 again as of today.Probably a buy for tomorrow.As i am pressed for time i will give you some of my rules i use(I welcome any comments).RULE 1 to make money you need nerves of steel.Buy as much as you can on the worst possible news(EXCEPT,but not always FRAUD)(a good recent example is ctxs(and micrsoft saga) RULE 2 The idea is to make money as quickly as possible.A buy and hold will rip your guts out.Sell at the first profit opportunity.(ex wlv -yesterday bought at close 26 1/8 sold on the dcb today at 26 3/8 x 5000 shares.No one ever went broke on small profits! RULE 3 You must get the stock at its low.sometimes the dcb begins the same day as when the stock gets pummeled.This is where many people get screwed,as the dcb began the same day as the share price drop and not the next day.(A good ex is HAR-see yesterday)...More later.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next