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To: The Ox who wrote (2191)	6/12/2013 10:21:17 AM
From: The Ox	Respond to of 8251

Just a reminder, to myself as well as others. On reversal watch stocks, beware the gap and crap. While this is true in most circumstances in short term trading, it holds doubly so with stocks that have been weak and are starting to look strong. Get the newbies in at a higher price then reduce it back to the range and see how long they can stomach the drop.... This point isn't meant as a "conspiracy", it's simply the way it works. The more stock that gets bought early, the more stock that wants to get sold later as the stock drops. EDIT - as a trader, your odds increase if you try to take a long position after the gap closes, if and when it starts to show signs of strength vs. weakness. Stops placed below the entry are critical to protect oneself from the proverbial head fake....