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Re: MARKSMAN post# 980

Friday, 01/02/2015 1:02:37 AM

Friday, January 02, 2015 1:02:37 AM

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$NRX -- this low low float is something I probably won't trade, as it can skip dollars in either direction. However, if it sets up perfectly, I won't be able to say no. If i trade it, it will be small. I feel this will be well under $10 soon enough, but on this low of a float, if everyone shorts and shorts and shorts and it hangs around, $20+ can come fast. SO that said, I am not long or short biased on this right now. I want to see what it does. ALWAYS have set risk and trade per your plan. Don't let a low floater blow up your account. Ideally we get so parabolic pops to short into for scalps, or lower highs set up. Late day fade/crack of support late day also is in trade plan. We'll see what sets up. Let it come to you.


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