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Alias Born | 01/04/2009 |
Saturday, September 12, 2009 10:56:29 PM
If you want to flip and try to make an easy 25% then try and catch this on the drop at 10-10:30am(EST). Now the only problem with waiting for a drop is there might not be a pull back until .0295 and this may only pull back to .0235 and then go back up again and break the high for the day and continue to run straight through to Friday.(YES FRIDAY!) It all depends on how great the news is on Tuesday and if there are follow ups during the week.(let's all hope)
If your long term i suggest to buy first thing on Monday and you will do just fine. The only problem with waiting for a drop is there might not be a pull back until .03 and it may not pull back to the low of the day(market open)
jmho
FYI - I have a few friends buying right at the open on Monday.
GLTA
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