A second bite at the cherry

Cutten · Oct 15, 2008

If you missed the first rally, this is your chance to get in.

Logical place for stops is around 875 (close stop) or the old lows 837.

sandygray66 · Oct 15, 2008

You trying to lure longs in as the market resumes it's downtrend?

cunparis · Oct 15, 2008

Quote from Cutten:

If you missed the first rally, this is your chance to get in.

Logical place for stops is around 875 (close stop) or the old lows 837.

I was debating this, but I'm not sure the low will hold. Can you share why you think it will?

What bothers me is the volume on monday was very weak. There was no follow-through. The buyers just aren't there.

Thunderdog · Oct 15, 2008

Cherry? Or cherry bomb?

BlindLemonBoosh · Oct 15, 2008

Quote from Cutten:

If you missed the first rally, this is your chance to get in.

Logical place for stops is around 875 (close stop) or the old lows 837.

Not enough volume on the selloff today.

milktruck · Oct 15, 2008

ooooh neat-o maybe we will make a wedge!

BlindLemonBoosh · Oct 15, 2008

Quote from milktruck:

ooooh neat-o maybe we will make a wedge!

Maybe we'll get a wedgie.

MattF · Oct 15, 2008

forget dead cat bounces...unless you're dropping them out of an airplane...

cunparis · Oct 15, 2008

Quote from BlindLemonBoosh:

Not enough volume on the selloff today.

but there was more volume today than on monday.

BlindLemonBoosh · Oct 15, 2008

Quote from cunparis:

but there was more volume today than on monday.

Not enough volume for a good washout.