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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:
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To: ItsAllCyclical who wrote (3485)6/13/2014 2:06:08 PM
From: The Ox  Read Replies (2) of 8239
 
Just a reminder that stocks on reversal watch tend to be in strong down trends. Rarely do you want to jump in front of the bus, so to speak. Nothing wrong with trying to pick out a support level, as long as there is a tight stop in place....at least that's the best approach, IMO.

Patience is often the key, watching and waiting before choosing to enter the stock on the long side.

Similarly, these same stocks are often great shorts for the short term but that would be for the more nimble traders out there.
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