Yes, it is quite possible for our subscribers to temporarily affect the stock price, especially on the way down. We have many day traders on board our services who are content with small, bite-size profits. When our plays initially run up a bit, these traders often exit in droves, artificially depressing the price at times. However, once the flurry is over, the stock usually settles down to regroup. If the decline has not been too damaging, the upward move will continue. What I would like you to be aware of is that the nature of the first decline can significantly alter the stock's odds. If the decline I spoke of above causes a rather violent drop, or one with a great deal of velocity, the stock would naturally tend to need more time to do what we originally expected it to do. PHYC, recommended in the early part of May, is a perfect example of this. If, however, the first wave of selling produces a mild pullback, the stock is more prone to rocket to the upside during the next swing. Adding to the plays with the milder declines is the way to go. This is how I suggest you filter your additions. Interestingly, the students from our trading seminars, know the phenomenon you speak of as the 1-2-3 move. We go to great lengths to teach our students how to exploit this frequent occurrence, at every point. I am sure some of our students are actually igniting or causing this 1-2-3 (up, down, up) move you often see. They also are taught precisely what to do at step 1, 2 and 3. And yes, this pattern is very prevalent in the intra-day time frames as well.
If you'll allow me, I'd like to mention that more info on our 1- and 3-day Trading Boot Camps can be found by calling tool free, 1-877-999-0979, or visiting pristine.com.
I hope this helps.
Your teacher,
Oliver L. Velez |
