Au got bitchslapped today with the market but terrific oversold bounces came for select momos , esp for LNKD selling down from $120 then bouncing 10pts with FaceBook Ipo still just up ahead as the driver .
PCLN $750 R found the bounce off the 50ma exactly @ $705 back up 25pts again to $730 , when in doubt trust the MA's they really work well . Should PCN beat then still will be a fade again at or near top high , selling off ike AAPL . Enough volitility for everyone ? )
FOSL absolutely destroyed today still some bounce off $75 when it was down $50 , they propped these things up far too high luring in retail investors that still bought in , now many of them down $1000's of dollars in one morning & margin calls .
* great bounce play after sell off on India's CTSH , dipping this off $55s yesterday's pounding opened up +4 the only green stock on entire screen while others tanked . Rare play but knew this one always bounces .
PCLN $750 R found the bounce off the 50ma exactly @ $705 back up 25pts again to $730 , when in doubt trust the MA's they really work well . Should PCN beat then still will be a fade again at or near top high , selling off ike AAPL . Enough volitility for everyone ? )
FOSL absolutely destroyed today still some bounce off $75 when it was down $50 , they propped these things up far too high luring in retail investors that still bought in , now many of them down $1000's of dollars in one morning & margin calls .
* great bounce play after sell off on India's CTSH , dipping this off $55s yesterday's pounding opened up +4 the only green stock on entire screen while others tanked . Rare play but knew this one always bounces .