Sunday, April 7, 2013

Gameplan for Monday

$MCOX
   1. can go higher on red to green in the morning...then look for a short on para, fade.
   2. if a nice gapper, short on green to red, para, fade.
   3. 5$ washout...not the best case scenario. Take money, don't hold.

4 comments:

  1. Can you explain $5 washout?

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  2. Sure!
    If we open just above 5$ and there is a bit of size on a bid at 5.00-5.05, when they start to eat it - you short it.

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  3. Thanks have Ameritrade account and there have been no shares available to short for the last two days. Hope there is some tomorrow.

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  4. Thanks Dmitry you are a Genius!!!!!
    You have a new believer and I can't wait until tomorrow's gameplan!

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