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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: CommanderCricket who wrote (18594)1/17/2003 9:25:08 AM
From: kodiak_bull  Read Replies (4) | Respond to of 23153
 
"Not going to hold very long, looking for a ST trade."

stockcharts.com

I think the market will accomodate you, that is, open its doors in a few minutes and open the stock. Curious as to why you think this is better as a short term trade?

My gut tells me that you are very likely to see the stock 0-5% in either direction each of the next few days, with a strong likelihood that it could be down into the mid $8 range.

My tummy says, here, play the pullback and then watch for a breakout above $10 on good volume. Be ready to exit if it fails to hold $8.

The longer I do this, the more I think about exits, rather than entries. Know when to hold em, know when to fold em.

Kb