Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: TREND1 who wrote (47184)	4/4/2002 8:52:58 PM
From: Triffin	Read Replies (1) of 99280

Larry .. One day big drop .. When I first learned it .. It was to go long on the 2nd or 3rd day after a 'big drop' for the 'bounce' .. especially if it was a 'widely held' name as it took a couple of days for the institutions to lighten up and for the market to 'absorb' the 'news' that precipitated the event .. Recent examples would be ADLAC .. GMST .. The trick, of course, has been to identify the stocks that would bounce from those headed to zero ie the ENEs of the world .. Stop loss and or time stops are a 'must' on these trades to avoid one loss wiping out numerous wins .. Jim in Ct ..

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