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    Catching a falling knife....

    check out the first page fo the post...I use the IDB 100 list of HIgh relative strength, and high EPS growth with positive earnings as a starting point. However...rarely are these very "long term". With the volitility that you get from the huge corrections...you need to cut and run in case it...
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    Catching a falling knife....

    HITT is on my watch list for monday...yes i agree.
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    Need some immediate help busted trade

    no.. it wasnt MY 10 years...the guy who started the thready said he had just gone prop after bein gin retail for 10 years...i honestly didnt get the methodology for the trade...i really am looking to learn somthing. it gapped up, was in an uptrend....but it did go down with the market today...
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    Catching a falling knife....

    thanks... 1. The compelling reasons are a. the fundamnetal analysis (the IDB 100)..easy to get. and the support, resistence, 50,200 MAs, and trendlines. not so much "difficult to know"..just puttung odds in your favor. I dont know anything...i just try to make it better than 50.50. 2...
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    Need some immediate help busted trade

    not trying to be a smart A$$...serously,independent of breaking the trade. I ran every indicator on this thing and see absolutely no reason to be short this. After 10 years i am guessing you at least havea plan and methodoglogy...what was the short indicator on this?
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    Catching a falling knife....

    i am putting together my watchlist for next week...you guys want to see it? If there is no interest, i can go play golf instead!
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    Catching a falling knife....

    sorry mate...it has been in a downtrend for MONTHS and well beloe 50 and 200 MA...if someone made money great..but...the odds are it will keep goig down. the trend is your friend!
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    Catching a falling knife....

    In a few other threads..people have been talking about when and how to take a bounce play...citing RHAT today as an example. I thought it was a TERRIBLE way to do the bounce play...so i wanted to start a thread to help people recignize so HIGH ODDS LOW RISK bounce plays...not just "gut feeling"...
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    RHAT : Good Rebound Play ??

    good for you... but, there are still MUCH HIGHER ODDS plays out there. I didnt say that you cant make money off of it...i said it was very high risk. bad RR IMHO. I am about to post a good way to catch a falling knife...so look for the post.
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    I dont like knives

    1. For an overall up trend i start with a 1 year or 6 month chart. i will go as low as 1 month. that is GENERAL TREND right. 2. Yes, no matter what...you have to narrow things down a bit. So to "catch a falling knife" i will only do it off my "long list", and look for an opportunity for...
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    Need some immediate help busted trade

    if you ask me..that is what you get for... 1. trading a stock with low volume 2. going against the trend consider yourself lucky that the trade was busted. get out of the trade...and go punish yourself.
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    Need Help Understanding Stock Price Please

    no offense, but block trades and insitutional order flow are a way of life in stocks. to keep form getting you ass kicked, you need to understand the basics of how exchnages and order flow works. You are going to have a hard time making money if you dont understand all the ways it can be taken...
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    volume on microcaps

    if you want to throw your money away....just mail it to me! keep prices above $10...and liquidity abouve 200k per day. those are MINIMUM.
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    RHAT : Good Rebound Play ??

    NO! overwhelmingly. 1. 52 week low 2. below 200 Ma, 50 MA 3. big drop recently it is and has been going down for some time..the trend is your friend. there are much higher odds ways to play a bounce
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    I dont like knives

    RHAT would not have made my list for several reasons. 1. In a 52 week downtrend...to go long...i need an overall uptrend 2. Below 50 and 200 MA...i dont buy anything below these levels 3. the sell off only lasted one day...not enough "exhastion". 4. The fundamentals are not good enough to...
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    I dont like knives

    PRXL Long enty....check it out today.:) 2.5% bounce. (at around 10:15 est). support and resistence are ranges..not absolute numbers..it is also very close to the 200 MA. it took a real drop and was short that it was a bit "tired" of falling. This WAS a bit riskier due to the economic...
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    Transition from Beginner to Pro Trader. How?

    to be a pro...go to work for an institution. Yo will learn much more than being on your own.
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    Bad news and market hardly budges....am I missing something?

    it is the calssic scenario of a bull run. Normally when it is this severe. careful it very well may correct soon. elation like this rarely lasts very long without a correction.
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    I dont like knives

    After looking at your chart...i would not touch that...no earnings, no real volume, price too low. no reason why it would get a good bounce. i dont touch anything under $10. Also...you MUST have liquidity...volume is key here. and something i forgot to add above.. VERY TIGHT STOP LOSS...
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    I dont like knives

    i do this on occasion...but only with good reason...not blindly. here is how i do it. 1. I already have a watch list of 100 stocks (IDB 100)..positive EPS growth, positiove earnings, volume etc...no junk companies. 2. i break that list down further into stocks with over 200k shares...
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