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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: Return to Sender who wrote (1773)	4/4/2013 6:05:04 PM
From: The Ox	1 Recommendation Read Replies (2) of 8255

Too late...vbg! Made close to $0.50, off the bounce in after hours. But I've been doing a lot of that while I day trade....look for washouts and extreme moves and get out quickly with a nice profit. I don't worry that I could have made nearly $2, as I take the money and run in these situations. Hindsight is always easy (or real hard if you've watched a profit fade into a loss!!).... I agree with your advice, RtS! It is usually better to buy "the next low" after 2 days, which is often on the third day but not always. Obviously, every situation is different and the more substantial the drop, the more likely the bounce may be sooner than later. I say this with a major caveat. These bounce plays are relatively easier in stocks that you follow closely. Seeing a major dump in a stock that you don't follow, understand or have a feel for how it trades can be tempting but may hand you your head! As to the long awaited pull back or sell off..... The longer it fails to show it's ugly head, the more concerned everyone should get. In other words, either stay conservative or be nimble....preferably both!

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