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Registered User
Joined: 2/24/2007
Posts: 12
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ACTS is on the move.
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Registered User
Joined: 12/2/2004
Posts: 1,775
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I guess if you're daytrading it for a quick intraday gain it might have some merit, but for me since I don't daytrade it has nothing going for it imo...a simply horrnedous chart. Looks like a dead cat bounce to me and a good short pick, especially around 7.80 to 8.
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Registered User
Joined: 2/24/2007
Posts: 12
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ouch, harsh bro.
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Registered User
Joined: 2/7/2006
Posts: 218
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man, with a pullback like this you should look for quality names that have been beaten down for no other reason than the tide has gone way out...that way when the tide turns your boats float again...
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Registered User
Joined: 12/2/2004
Posts: 1,775
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QUOTE (bbb111) ouch, harsh bro.
Message boards tend to have a cold and impersonal nature about them, lol, wasn't trying to be harsh so much as just quickly typing in my honest gut reaction when I pulled the chart:)
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