With the DOW up over 200 points,we more than likely see a S/T bounce in heavily oversold issues.
However ,one has to be careful with stocks that are touching all time lows or making fresh lows & grossly underperforming an already weak market & its own sector.
Any of these market dogs should be marked for quick sale....It is unlikely they will be big winners....The odd one might surprise, but it by no means the rule.
Tight stops are in order with the weaker than the weak.
Sorry if I upset any one holding one those dogs,but these are market rules not mine.
- Forums
- ASX - Short Term Trading
- weekend stt lounge 13th-15th july
With the DOW up over 200 points,we more than likely see a S/T...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)