Post by
ch08532 on Jul 11, 2017 4:02pm
nice bounce..bought a bit today
nice to see a green candle so I bought a bit towards the close.
Comment by
Lemboy on Jul 11, 2017 4:55pm
3 day rule works again, sellers sold what they had to sell now off to the races
Comment by
sparkdog on Jul 11, 2017 5:05pm
Didnt know there was a 3 day rule for selling.....can you explain? There certainly is a 3 day rule for buying.
Comment by
D0BERMAN on Jul 11, 2017 5:28pm
After big news, it takes a few trading days for the true impact to be realized. Then there is usually a situation where its oversold or overbought. Some are stop loses, some margin calls..ect. In the situation of THO it was looking oversold. Nice bump after hours too: 5.26 +0.27 (5.41%) After Hours: 5.49 +0.23 (4.37%) Jul 11, 5:11PM EDT
Comment by
Lemboy on Jul 11, 2017 5:42pm
I am a long investor/speculator I was talking about 3 day rule "you buy at the end of the 3rd day of a sell off" which was yesterday
Comment by
sparkdog on Jul 11, 2017 7:39pm
Thanks for the info Lemboy! Good luck to us going forward.