Replies to post #20277 on The Friendly Money Making Board

[coydog]

The important thing to remember is that stocks have a season when hunting is good. All stocks do not have the same season. Certain months are bad for hunting on virtually all stocks. Forget about news because people like me that just follow the chart and the tape will sell into the news. Try to find a real company that has had the bottom fall out of its share price. Then you divide your risk money into four or five piles. You find what you think is extreme weakness and you take a starter position. Then if it goes down as it usually does you buy again and again. Now have the confidence that there will be a bounce. Then you look for three long white candles and you sell by the third day. Hope this helps.