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To: elliottrules who wrote (169137)6/19/2008 3:36:19 PM
From: Galirayo  Read Replies (1) | Respond to of 209892
 
[OT] That's what normally happens with a DeCat.

You get that little bounce and then the Rest of the Shares hit the Fan as the buyers who just wanted some lunch money disappear. To bad Taxi is not on SI anymore. That was his Forte ..

This one bounced more than usual on the Plunge which my criteria is 25%+ in 1 day 50% is better .. but the 2nd Plunge is usually longer lasting. While the issue searches for a Basing formation.

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