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Catching the falling knife.....hot through butter
- Thread starter iriekity
- Start date
Quote from kgharris:
FMKT is running into resistance from the gap down at the end of Oct, ~8.20. I would expect a pullback here, or at least some sideway consolidation. If the action looks good, I will add to my poisiton with a 1st target ~9.82.
Still like it for double digits in the next few months, if not sooner.
Good luck all.
FMKT is a monster in the making. Nice reversal from this morning if it holds.
Quote from snooptrader:
FMKT is a monster in the making. Nice reversal from this morning if it holds.
Nice pause in the action yesterday and today - on lower volume. Today was an inside day, and narrow range. If the broader market is strong tomorrow, it might take out yesterday's high and fly.
nice work. i like your style. its not as sexy as scalping eminis but easier to master i think.
Quote from iriekity:
Ok,
Back from some serious snowboarding and ready to kick a little market ass.
Here are the plays for tomorrow.
Long: Will look to buy BFT when it turns positive for the day. Will look to buy AIV above 32.45
Soon I will start posting short plays as well.
Bought AIV today at 32.50 holding long. Did not play BFT. Long SFP at 10.50 and holding. Killedit going long MSGI at 3.00.
Here is where all the names are:
http://www.trade-ideas.com/StockInfo/more_down_days.html