Despite CFO saying all the wrong things on the CC, like "the worst credit environoment in 22 years" and so on..
The stock looks finaly washed out.
Didn't break new daily low on the CFO's stupidity, and is bouncing up. Huge volume today too.
BSC looks washed out finaly.
Started by
ogm
, Aug 03 2007 02:35 PM
2 replies to this topic
#2
greenie
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- Traders-Talk ~
- 3,184 posts
Member
Posted 03 August 2007 - 02:51 PM
Despite CFO saying all the wrong things on the CC, like "the worst credit environoment in 22 years" and so on..
The stock looks finaly washed out.
Didn't break new daily low on the CFO's stupidity, and is bouncing up. Huge volume today too.
Again???
I am a neophyte, and see only legitimate trade on BSC to be add shorts on any bounce up. Trying to catch falling sword is too much risk for too little reward, as you aptly demonstrated this morning
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#3
ogm
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- Traders-Talk User
- 13,780 posts
Member
Posted 03 August 2007 - 04:09 PM
Despite CFO saying all the wrong things on the CC, like "the worst credit environoment in 22 years" and so on..
The stock looks finaly washed out.
Didn't break new daily low on the CFO's stupidity, and is bouncing up. Huge volume today too.
Again???
I am a neophyte, and see only legitimate trade on BSC to be add shorts on any bounce up. Trying to catch falling sword is too much risk for too little reward, as you aptly demonstrated this morning
3% reward for 30 minutes work ... As a I aptly demonstrated. I'll take that any day.
