Where are those cups and handles?

From: Siegfried
Sent on: Friday, May 1, 2009 6:07 PM

 

Congrats to Jeremy P. on GMRC! Do you still have it like both Ken and Kate advised in the Market Wrap and DSA this evening?

 

I missed GMRC! Not because I did not hear and see about it from Ken and Kate! Like many stocks, I kept looking for the cup and handle and there was never a cup and handle.

 

Sometimes when there is a cup and handle, the stocks “gap-up” the next day right past the buy point before you get a chance to buy them at 6:45AM.

 

Does anyone have any advice for me? Should I buy on heavy up volume regardless of the buy point? I kept looking at GMRC before it gapped up and saying to myself: it is too far extended beyond the buy point.

 

Thanks,

Siegfried

 

 

 

 

People in this
Meetup are also in:

Sign up

Meetup members, Log in

By clicking "Sign up" or "Sign up using Facebook", you confirm that you accept our Terms of Service & Privacy Policy