TO all: my "PSYCLE sm" just Bought Oakley at $ 9., with a stop below recent lows, for a pop...if it can get over $ 10 1/2, can get to the 11-12 area....I know it doesn't seem like much even on margin) but, I have been real good at buying Depressed, basing issues like this, when no one else likes them, and/or holders are scared, dig ? obviously, when/if above the 12. area, gap towards 14-15, maybe, over a few months hence....
I previously caught several Depressed, basing "Retail-depressed" stocks for SI people (see my SI thread, under MISC (general)), a few months ago, and I rely on repeating Patterns, of chart, and human behavior/psychology, to "BUY LOW" ....it works a lot, with smaller risks due to chart pattern, NO emotion, and stops....
my best to you all....
oh, I find that my ignoring 95% of all, even correct, Fundamentals , helps my timing a lot...I teach my "PSYCLE sm" to all interested, gratis... |
