Thursday, October 25, 2012 7:08:54 AM
Don't Mess With Mother Nature comes to mind when you say, "The 30 minute says you don't trade the first 1/2 hour anyway"
I owned OCN from about $18 to 22 and got out - been tempted to get back in, but never to short it or ASPS - RSI above 70 on OCN and above 50/70 since June on ASPS.
12 yrs ago with my trusty "Wade Cook" book in hand, I WOULDA TRIED to short it - OH, the pain that Chithead inflicted on the innocent.
I keep forgetting the DON't trade 1st half hour thing.
[chart][/chart]
I owned OCN from about $18 to 22 and got out - been tempted to get back in, but never to short it or ASPS - RSI above 70 on OCN and above 50/70 since June on ASPS.
12 yrs ago with my trusty "Wade Cook" book in hand, I WOULDA TRIED to short it - OH, the pain that Chithead inflicted on the innocent.
I keep forgetting the DON't trade 1st half hour thing.
[chart][/chart]
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