SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Strictly ..... Bottom Fishing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sidney Reilly who wrote (479)7/15/2009 1:13:20 PM
From: bumblin bob  Read Replies (2) of 489
 
It looks better, but I missed the trade since I was following others this morning.

It looks like it was low volume as normal until it crossed $4.18. The volume picked up dramatically there, then increased when it crossed $4.25. That would have been the signal to me to enter the trade.

Since it seems to have stalled in the $4.40 area I would either wait for a pull back to $4.20/$4.25 or for it to break out above $4.50 with increased volume.

Having said all of that, I also have to say that the volume in it over the last several days was disappointing. It may continue higher on the thin volume, but I probably would move on to something else because you want plenty of buyers around when you try to sell and this one trades a little too thin on a typical day.

I'm glad that you were able to see the effect that the volume has. It's the same effect no matter what stock you trade.

I don't know if you've had time to read the links in the header of Dabum's other board, but if not I highly recommend it. A lot of good info there.
Subject 55245

Reading through some of his posts on that board answers a lot of questions too. Plus he has always been nice enough to answer TA questions that we have had.

While we might have missed this trade I hope our exchange has helped you some and it pays off in the future.

Best of luck!

(And feel free to ask me anything if you feel like it.)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News