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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: ChrisJP who wrote (10779)11/29/1998 5:24:00 PM
From: SkyDart  Respond to of 29382
 
Buy on the pullbacks.

Yes, one can take advantage of the MM's late day pullbacks to snag shares via running stops. I have done well by buying on the pullback dips of MALL, AMEN, TCTV etc...

But you have to be quick. And don't use too large a position size because inevitably a few trades will go against you...But overall this strategy has a good risk/benefit ratio... JMO

Good Luck,

jeff