Regarding: "normal practice I believe one should follow is to ensure that one should not buy stock until one is sure that it has hit bottom and started to rise and that the rising trend is true":
Haha, good luck with that. I think everybody would like to be able to time it like that. I think only Goldman Sachs would have a chance in that respect because they seem to be able to move the price of gold up or down as they choose.
Regarding: "what one can predict is the normal trend stock takes when a consolidation and or a cr":
I say it again. No, you can't. All CRs are different. In the case of the recent MOY CR, if you really think that, why did it take several weeks to move down to 32c? Should it not have hit 32c on the day of the announcement?
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