RE: RE: What To Look For?Here's my two cents on buying in on the bottom.. Don't get greedy.
The best way to do this, and i'm sure its universal in its application, is to wait for the stock to snake- move side ways. Let the stock consolidate, give it some breathing time after a large increase or decrease. When the markets were red, everything was sinking. The last week however, some stocks hit their "bottom", as in, stocks like SCG hit .16c (it was .72 a a few weeks earlier). This was signalled by the fact that for 2-3 days the stock sat at .16-.18c when, on average, most other stocks were losing 10-20% (I'm talking venture markets). Anyways, I think that's the best way in getting in at the bottom, you don't want to catch a falling knife and purchase a stock when its perpetually falling. However, even knowing this, you'll never be able to predict things like what happend yesterday with TCF. The big sell off that dropped it to .29 in the morning. Those things happen but look what happened right after.. it came right back up to its mid point.
Also look into bollinger bands and simple moving averages.