News Focus
News Focus
Replies to #203 on Pincher Plays
icon url

IamtheWalrus

11/13/07 3:01 PM

#204 RE: dffhogs #203

That's good. As long as you are content with the profit made. I would not worry too much about huge declines on the big boards. It is the pinks and BB you should really keep a watchful eye on. Considering the RGR as a bottom play, which it is, and very oversold, your 20 MA is the best resistance that I can see. Since it is a pincher play, they usually bounce off the 20 MA, so 11 bux would have been a good target to exit. Howvere, like I said, a profit made is a great play, any way you look at it. As long as you are making money.