It's funny how much mis-remembering is attributed to the pincher play.
I brought it to ihub by introducing it to freto. It spread from there.
Another poster (whose name I can't reveal) and I worked on it for a long, long time prior to that.
I set up the original StockCharts scan, with separate variations for penny stocks and high priced, high volume stocks and etfs for option plays. And scans to find pinchers approaching, but not yet mature.
I'm posting this because when I mentioned it on another stock mssg board site recently, I was called a liar after they checked out ihub sites
It seems that many people claim to have originated "the pincher play"
I haven't posted on ihub in years after being banned and probably will be again for simply using the word banned.
wolfgangrene