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Re: DarkLady post# 270

Thursday, 08/30/2012 9:25:39 AM

Thursday, August 30, 2012 9:25:39 AM

Post# of 829
So, you are saying this is just profit taking? This is not on the heels of some news and/or earnings update?

I understand how stop limits can cause this type of thing, I just wasn't sure if there was some news or something fundamental that I had missed. I do know that MMs/Hedgers can do this to shake out the weak, hit those stop limits, and pick up some cheapies.

Volume spikes always get my attention

By the way, I added a few hundred more on the dip, at $5.88. I am a technical trader and have my own style, which works for me. I buy when oversold and sell when overbought. I do like to keep an eye on fundamentals, but that is not my primary trade trigger.

DarkLady - Looks like you are running a nice board here.

best of luck to you,
Andy
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