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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: BarbaraT who wrote (23016)10/7/1999 9:43:00 AM
From: Redhook  Read Replies (2) | Respond to of 43080
 
Sold most of my AMZN at 85 13/16...I'm getting back in though



To: BarbaraT who wrote (23016)10/7/1999 9:48:00 AM
From: Susan Saline  Read Replies (2) | Respond to of 43080
 
ONSL and any other stocks that gets the momo in it

this is how I play stocks that have the 'momo'

I never chase them up (too fearful of catching the top) I watch for a very fast/fear dip selling, they always occur.

That's when I enter ... they don't take long to rebound, so I usually use a market order, cause when I used to use a limit order, I would keep missing entry ... and my broker fills me well on market orders, when the stock is in dip mode.

Is it dangerous?

I used to think so ... but there are those waiting out there for that dip, and they pounce.

it's like when the fear gets so strong ... that's usually the time to buy ... but the less experienced are selling.

I know, been there ... done that!!