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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Big Dog who started this subject5/24/2003 8:56:56 PM
From: Bearcatbob  Read Replies (1) of 206307
 
dabum,

The art of the trade? I have been following your posts and considering your concepts. Three trades come to mind. They are ATP, PQUE and CPE. Each crashed through support, bottomed and have rallied - especially CPE. The thought is to sell on the breaking support - 200 dma? - and then buy after stabilization. This would appear to work if the fundamental story is good. Where you got it right is with PQUE. To me PQUE requires fundamentals - eg Murphy Castle - but the shares are rallying in anticipation. Perhaps the bottom already discounted a bust at MC and therefor the shares started to improve.

Your thoughts on sell and buy back plays please.

Bob
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