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madrose1

05/21/13 7:12 PM

#171542 RE: Sccrbrg #171539

have been fading most all gaps like KSS's recent one to 53.5 on earnings , HD today in 80s & TDW ...yest the SPY pops them to alts then profitakers come in, HD dropped $2 from early PM gap. Pattern is longs ecstatic to lock in profs at ALT

GMCR while all this pump has been going on 3x's any tag to 81.5
a short there has yielded $2.50-$3 ave & didnt disappoint today doing the same easy $$( bounces good too)

Today HD & TDW an oil rig supplier like GLF & HOS shows just where the 20% bounces were the last month after oil bottomed but today (on ER) droppd back $4 at one pt so even if the SPY goes to the moon there are still these trades , almost 15% gain from opening gap.

Even SPY was worth 60c every pop it does give back a little, BTD good too. Some short doing a face palm who coverd at 61 here , you wait for the 1rst squeeze spike then strike that top like shooting ducks ;-)