I've occasionally been posting charts that I'm watching for bounce plays, either from tankers that are setting new lows, or from pull-backs to support zones (like the 50-MA bouncers), but I haven't been posting where I buy or sell because I'm very busy during the days. So, here is a summary for those who are interested (yeah, you...over there in the corner...pretending not to read this board...):
Recently bailed out of ECIG at .52 with a loss of fees when double-bottom failed. Thank goodness. Still watching for future play.
Today sold OXIS at .041 after previous purchase at .034 (50-MA bounce). 20% profit.
Today bailed out of SIMH when bounce off of .01 didn't get any momentum. Small loss.
Still holding IJJP with average at .0013 for a 200-MA bounce. Should have sold at .002 2 days ago, but I had my sell order a couple ticks too high and missed the sell, so I'm still in and watching closely.
Still holding LLBO with an average of .0018 for a 50-MA bounce. She's a low volume stock, so it may take a while to get back over .002.
And I have a buy waiting at .051 for a nickle bounce on the current SCRC tanker. There is a lot of dumping there, so it could be dangerous, but it's far below the lower bollie and should get a nice "boing" at some point. We'll see what happens tomorrow after today's LOD close.
I am not a promoter or professional stock trader. I'm a regular guy who enjoys stock trading to make (or lose) a few dollars. I am only responsible for my own trading foibles, not yours...do your own DD.
