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xZx

07/21/09 12:49 PM

#8713 RE: Captain Hindsight #8712

zzub will probably start pounding the ask when he feels the momentum is shifting from the bears to the bulls. a lot of us trade that way.

there's a few sayings that imo really apply:

1. don't fight the tape

and...

2. make hay while the sun shines.

i'm simply saying if the bears want to short this, and fill up all their buddies on the cheap in the process, they'll do it. and when they want to make money with those same shares by pushing the stock higher... they'll do that, too. :) just watch.

if your goal is to trade for a lifetime, learn to be patient and go with the flow. otherwise it will drive you crazy and be no fun at all. :)
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zzub

07/21/09 12:52 PM

#8714 RE: Captain Hindsight #8712

look at my posts a few weeks ago....i was sitting many times at the ask to buy and got some days nothing..really nothing
this is why i change now the broker...
now i sit at the bid at 8 at 7 at 5 and so on

i never got one share for 7 for excample