Replies to post #48071 on Zenergy International Inc. (ZENG)

[Mikey]

ray.......try this on your next play, whether its zeng or not is up to you...

the next time you see a stock that interests you.....

i'd be looking for a pullback first thing.......but it may not happen.......so bust up your buys in 1/3's.........make the first buy, immediately...LOOK for a pullback.....IF it pulls back, wait for it to bottom, and TURN...make the second buy......the third buy is just in case.......you really have to watch the intraday chart and level 2.....now this is called 'staging your buys'.......which is quite different than 'averaging down'.....when you average down, you basically are all in at a level......the level drops and you are 'forced' to pick up the lower price to get the avg down.......my way is different.....you are actually LOOKING for that lower avg....but you are only PARTIALLY IN.....

some days my timing sucks so bad, my first buy will only be 20%.....as i said, i LOOK for that pullback on momo plays....like zeng, for instance.......wait for the bottom, dont worry about catching the DEAD bottom.....look for the SAFER play AFTER the bottom.....why? because you or i arent smart enough to figure out where the hell the bottom is on one that keeps make ALLTIME lows, and rarely will a chart give you that info...........so you look for the TURN and CONFIRM.......make sense?.......have that other 30% or so for emergencies.......