well done pcyc, I like your honestyMy normal routine is a little...

well done pcyc, I like your honesty

My normal routine is a little different, for stocks that fall hard and find a lot of buyers ie. big volume/spread, I tend to enter short almost immediately that first day, if it rises, I'll watch for weakness to develop in the day bar, but will be adding to my short positions via its intraday weakness (signs) . Was hoping for another up day but unfortunately only got two days to rise but anyway closed out near todays double bottom and will await for further signs to appear.

It's similar to averaging in after a big drop but in cases like this you're expecting it to return to all that buying area for confirmation of testing ie.. no more sellers left. Same as when a stock goes for a bolt, I'd watch for the first, second third SOW and be averaging in.

imo its 50/50 atm but I'd imagine it to at least return mid way down the bar of the 25th.