Sunday, June 29, 2008

One More Sucker Bounce

of the dead cat variety, I'll play it, but I won't believe it for a nanosecond.

2 comments:

LJ's trading journey said...

Hello.

Had a question about the round number 50$. A lot of stocks are testing support at 50$. Example CAH, CB, AG. Would a break be significant and or tradeable. Do you usually make a note of these stocks to watch for a breakdown.

Thanks.
Lisa_Jay

upsidetrader said...

lisa
i don't count the round numbers, i just look at the chart,no matter what the price

About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.