InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,722.26
(
-0.19%
)
US TECH 100
19,432.80
(
0.00%
)
Dow Jones
41,914.75
(
-0.70%
)
Brent Oil
71.28
(
-2.62%
)
Bitcoin
63,825.25
(
1.10%
)
Post# of 71
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Hotlead

Send PM Follow Ignore
Followers 3
Posts 187
Boards Moderated 0
Alias Born 04/11/2001

Hotlead

Member Level

Re: Value_Investor post# 58

Thursday, 02/09/2012 7:56:00 AM

Thursday, February 09, 2012 7:56:00 AM

Post# of 71
In fact, as traders, we *hope* this is a "false" bounce! We trade the bounce, selling into it and then buying back lower and waiting for another bounce. Wash and rinse, wash and rinse....
I have already sold the initial "bounce" and bought back in.

In the past three years I can't tell you how many times I have bought and sold all those "false" bounces in all those varies types of Lehman stock, especially the CTs. Same thing with Chemtura and many, many others.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up