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Re: Breakout post# 3

Monday, 08/27/2012 10:00:11 PM

Monday, August 27, 2012 10:00:11 PM

Post# of 7478
The list is pretty self explanatory, logic being market cap over $10B with price to sales over 10 - frothy and ripe for correction in a downtrending market. They key will be identifying and stalking targets, so outsized returns can be obtained at the right time with the right methods.

I'd like to catch one of them dropping thru a 50MA or 200MA support and falling below 70rsi on a bearish week - find a weekly put with a strike price just below the support, watch the carnage, and profit.

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