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 : Effective Collaboration - Team Research for Better Returns: -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (3352)	4/15/2014 3:48:15 PM
From: The Ox	Respond to of 8239

A lot of reversal patterns beginning to form. Be wary of a bull trap, if your trades are short term based. Tight stops would be wise on double/triple bottom formations. The more the stock is in a downward pattern, the more one should take a cautious view of a reversal setup formation. Stocks that have been popping in the AM and then sliding the rest of the day into the close should be viewed with serious skepticism. Often it's better to see a very clear reversal of the trend first, then pick your entry spot. Also be wary of something new coming out of left field. I wouldn't be surprised at all to see INTC or someone reporting today to be used as an excuse to further torpedo the market.