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Texacoon

05/12/11 11:50 AM

#14514 RE: Texacoon #14509

Sat down on the 50 day and the 20 day how many times have you seen one bounce off of those moving averages, Yes sir nice shakey, TEX

swing_trader

05/12/11 11:50 AM

#14515 RE: Texacoon #14509

Yup. I have seen this many times. Thats why i never use stops. They will only cost you money. This is just a shake out. If this stock was going to tank it would have already blown down through the 20 period EMA. Thats a fact