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Re: Stock_Barber post# 79010

Tuesday, 08/24/2010 6:28:32 PM

Tuesday, August 24, 2010 6:28:32 PM

Post# of 103340
Right on, I think the whole discussion at this point may be distorted. I'm not arguing that we're not flippers, lol obviously going by the name of the site, but the strategy that we like to execute is to take advantage of bullish chart setups and momentum, not be the cause of it. There are sites that front load illiquid stocks and then generate fake hype, which is what I wanted to differentiate myself from. I do absolutely admit to taking advantage of strong stocks with momentum and flipping into the strength, though I prefer swing trades, where I buy at the ask when resistance gets taken out and then sell at the ask into the strength when I feel it's time.

I guess my whole point was that I believe EXPH to be moving on it's own volition, in fact I don't care to trade a stock until I already see the strength firsthand. It's just my method to cling onto stocks with momentum and ride them, but there's a whole world of traders like that and it's just part of the world of stocks/trading/investing. Thanks for the compliment and good luck to you all as well.