Bottom fishing is a science to it. You will often here that catching knives is a dangerous game as you basically leave your privates exposed to decapitation. The key to really catching a knife is to find the squeeze zone. Often a stock that gets crushed 20-50% will drop all morning and then start to …
Read moreTRADE REVIEW SIFY & REDF "FINDING THE SQUEEZE ZONE"
Fear of last years euro-deal blowing up sent the markets in a tailspin with a big nearly 3% gap down on the s&p. Today was one big giant circle jerk…fitting as the greeks invented such customs. We had news driven session with rumors galore throwing the market in both directions intraday to only close …
Looks like the big man may have taken a few too many positions home. Greed is a biaaatch. Thats going to happen 1 in a while big thing is always to swing if you get a profit cushion on a stock. I probably shouldnt have held SQNS as it was dipping end of day yesterday. …
Morning folks. Nasty gap down across the board. At this moment the SPY is down 2.74%. Looks like the market is reacting quite negatively to Greek Prime Minister Papandreou announced a referendum on the eurozone bailout, which increased fears that Greece may default. Couple with dissapointing china pmi and here we go! We are …