visuals out, page-58

bought at close yesterday, im a sucker for buying at close on a large dip day on most stocks.

In fact, I have no idea what this mob really do and dont care to be honest.
Sometimes I think this is the best way to day trade.

Minnow stocks (espec mining) tend to get somewhat overbought when promoted and in the midst of a drilling campaign, then on the downturn can be oversold to the downside on very down (35% plus) down days.

Stats tell me its more often than not a good time to grab a few at close the day of the disaster (drop), before day 2 trade, as around 78% of the time a stock that dives over 30% in a day rebounds at least 10% day 2.

Obviously its also wise to choose the right ones to play.
Lets see if the stats hold up today.

Anyway in for a few, and most probably out again before end of the week, but good luck all.

Warnie