Replies to post #675 on Charts for my friends

[buysell101]

Interesting you are using the weekly for that. I found don't touch bottom plays under a 40ad 14 or you will get burned...i played a bunch in the 30s last year and lost 9 out of 10 so now I only play 40 or higher.

I would love to figure out the perfect weekly for long term plays because that is the way to go..trying first really to perfect the dailys. I go for short term 20-30% moves to the 20 or 34 and on to the next. Not worth holding bottoms longer imo for now there are always new ones forming.

I respect your opinions though because you and I had ran into each other 2 or 3 years ago on one of these bottom then realized it was known as a pincher. I liked posting on the pincher board to monitor plays but that board has become short term spam.under .50 and thats not my play to much of a distraction...

[buysell101]

Ddr

http://stockcharts.com/h-sc/ui

Could be a play to the 20

[buysell101]

So now you got me thinking...Quick pops to the 20 or 34 is great for flipping but how to catch a bottom for long term IRA plays....

Htz
Burned me in November because theaily was screaming pinch but then dropped like a falling knife and hasn't looked back.. if looking at the weekly then was hard to tell but now...have a look at it.

I thibk this rent a car stocks turn around after the Uber effect...they have been burned for to long...

[buysell101]

Prime example thoughts?

X

http://stockcharts.com/h-sc/ui?s=X&id=p60755620285&def=N&listNum=17

Daily screaming 20ma, but weekly more downside to 16.50?