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smokestack

11/02/11 7:55 PM

#4820 RE: smokestack #4819

If folks don't want to here the truth don't engage me, cuz i'm going to tell the truth.
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10thMountain

11/02/11 7:58 PM

#4821 RE: smokestack #4819

Yeah....and the pos stock didn't bounce like I thought it would at the gap. My bad. If a stock is in a good solid uptrend....and I thought LUXD was....then a gap is a good chance to add to your position, rather than panic and sell, because it's dropping mid morning, after the open. I've screwed up many times in the past, by selling too soon, due to panic, because I didn't understand gaps. The problem is, that now days, there are not many stocks that are in 'good uptrends'. So, they very rarely bounce back at the opening gap.
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10thMountain

11/02/11 8:00 PM

#4823 RE: smokestack #4819

And by the way....that gap DID fill, didn't it!!?? Just like I said it would! The problem is....It didn't bounce......like I said it would either....