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Microcap & Penny Stocks : Looking for a Bounce -- Ignore unavailable to you. Want to Upgrade?


To: SusieQ who wrote (1447)6/17/2000 11:21:00 AM
From: ChrisJP  Respond to of 1734
 
Welcome bacccckkkkkkk.

You sure have a soft spot for playing the "stock wreck du jour" bounces. IMO, you will have plenty of targets over the next 6 weeks. Even if there's no rate increase, there will still be plenty of warnings to make the markets interesting each morning.

For some reason, I do best on the first bounce that happens around 10 - 10:30. You get to make a great percentage profit in 30 - 60 minutes and you get to take the rest of the day off ! lol ! After 11:30, the stock becomes a vehicle for scalpers. Since I'm not a "fraction of a point" kind of guy, I don't play them after that. Although buying at 1:30 - 2:30 and selling after hours works out sometimes.

PMTC made a nice move on Thursday. It must have know you were back home. :-)

Regards,
Chris