Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: SGJ who wrote (31528)	5/2/2012 1:02:57 PM
From: GROUND ZERO™	Respond to of 218890

A solid close today after this morning's selling and this rally should resume... GZ

To: SGJ who wrote (31528)	5/2/2012 1:11:25 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 218890

Covered short and went long here... (gulp)...<g> GZ

To: SGJ who wrote (31528)	5/2/2012 2:27:10 PM
From: 3bar	Read Replies (1) \| Respond to of 218890

That correction pattern is called high and tight . Small trading range ( tight ) and up in the % retrace zone . Not sure if IBD started it but stocks usually break out to the upside .