The Dead Cat Bounce Theory Message Board

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Strategies & Market Trends : The Dead Cat Bounce Theory

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To: SE who wrote (297)	3/27/1997 5:37:00 PM
From: Joe Copia	of 1836

Thank you Scott. My approach may be difficult for the person who cannot sit in front of their computer all trading day. I look @ the biggest %age loser @ ~10am-11am and then take a position, only after checking out Fundamentals...etc. After execution, I place a limit order at least 15% above strike. ....Then I watch...I use www.farsight.com($10/trade) if the price approaches 10% above strike I will place a stop,if the stock is able to(ie listed), or simply wait till the next day.. I increase my position if it continues down that same day. I never cut loses the same day. So far averaging 9.5%+++. The trend is your friend until it turns into a dead cat!!!!!!!!!! Joe... Playing the game and loving it!!!!!!!!!!!!

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