Posted On: 07/23/2014 12:54:53 PM
Post# of 776
GWPH Alert: Today's red candle & lower trading share price is confirming the bearish pattern formed yesterday............the beauty of Big Board stocks is they are easier to chart...........I posted last night GWPH had formed a bearish pattern...........
1st I posted over the weekend $90 calls would be hot this week........they exploded higher returning multi bagger % gains............the party faded yesterday and an inverted hammer/shooting star formed forecasting today's stormy weather......
I put out a bearish pattern alert..............loading up on Puts yesterday would have returned fat % gains today............I'm not the options guy, but I know a good trade when I see it!...........the opportunity for big % gains w/ penny stocks is sometimes outweighed by their unpredictability.........w/ ETF's and Big Board stocks being much easier to chart & because of their liquidity much easier to trade the daily question is, are you better off making a safe base hit on the big boards or going for a home run in the minor leagues?.............maybe the Zen approach of taking the Middle path is the best way..........maybe for the "trader" diversifying is having a combination of Big Board & OTC plays @ the same time..............keep the batting average high & the home run total building at the same time could be a winning strategy...........might as well play it safe and go for the Triple Crown!...............$$$
1st I posted over the weekend $90 calls would be hot this week........they exploded higher returning multi bagger % gains............the party faded yesterday and an inverted hammer/shooting star formed forecasting today's stormy weather......
I put out a bearish pattern alert..............loading up on Puts yesterday would have returned fat % gains today............I'm not the options guy, but I know a good trade when I see it!...........the opportunity for big % gains w/ penny stocks is sometimes outweighed by their unpredictability.........w/ ETF's and Big Board stocks being much easier to chart & because of their liquidity much easier to trade the daily question is, are you better off making a safe base hit on the big boards or going for a home run in the minor leagues?.............maybe the Zen approach of taking the Middle path is the best way..........maybe for the "trader" diversifying is having a combination of Big Board & OTC plays @ the same time..............keep the batting average high & the home run total building at the same time could be a winning strategy...........might as well play it safe and go for the Triple Crown!...............$$$
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