The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (38627)	2/24/2001 1:14:49 PM
From: ivan solotaroff	Read Replies (1) of 79284

AFTER THEY'VE SOLD THE NEWS Doug, I'm wondering if there might not be a "trick" to be found with this scenario: siliconinvestor.com People are "buying on the rumor" of FDA approval here from 2/13 to 2/16. It comes, then the stock plops 25% over three days "on the news." That's fine and dandy. I was wondering if there wasn't some TA discoverable (some three-day RSI-type of thing?) that might determine when to play the post-sell-on-the-news-bounce. Then I thought, "Hmm, don't I know a guy who does this kinda stuff?" Ivan

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