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Replies to post #6711 on RushNet Inc (RSHN)

Replies to #6711 on RushNet Inc (RSHN)
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RaetherEnt

04/25/06 1:13 PM

#6712 RE: johnbarney #6711

Don't think too hard about it. Think of a stock like a ball. You drop it, it falls. Once it hits the ground it "bounces" back up. Now look at some charts and you will see some "bounces".

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MaryKateAustin

04/25/06 1:14 PM

#6713 RE: johnbarney #6711

BOUNCE = go higher after hitting support or bottom.
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WindyCityBob

04/25/06 1:29 PM

#6714 RE: johnbarney #6711

also, very important thing to know,,,when a stock bounces, that point where it hits bottom, is the point where you want to buy a position in that stock. And NEVER,buy in one single trade. buy in stages, this way, if it does go back down, you will not be fully in, and you'll have money to buy again at a lower price.never chase a stock on the way upneither!