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IBDvalueinvestin (99.67)

Its 10:30am , time to start buying because the Bears finished shorting

Recs

6

April 21, 2010 – Comments (4)

this mornings gap up open in tech stocks. You can safely buy now as many techs turned red by 10:30am after being well into the green at the open.

 

Thats how you play the bull market. Wait till the bears get in every morning and then squeeze them out by the end of the day.

4 Comments – Post Your Own

#1) On April 21, 2010 at 11:09 AM, chk999 (99.97) wrote:

What's wrong with buying good companies when they are cheap and then doing nothing? Buying and selling every day seems like a lot of work.

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#2) On April 21, 2010 at 11:15 AM, IBDvalueinvestin (99.67) wrote:

Even good companies get shorted. So why not sell at gap ups like today and buy again on the 10:30am dip.

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#3) On April 21, 2010 at 11:54 AM, USNHR (31.73) wrote:

Buying and selling every day seems like a lot of work.

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#4) On April 21, 2010 at 12:01 PM, IBDvalueinvestin (99.67) wrote:

Look at FCS its a good company but it gapped up this morning to $12.30 and now its down to $11.78 . A good point to buy considering just last week it beat and raised guidance higher and got upgraded to $16 target.

Even good growth stocks get shorted daily on swings. Take advantage of the down swings to buy and sell on the gap up morning trades.

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