Looks like this might be the capitulation bounce we've been waiting for.
Update: A few readers have asked how I timed the DDM trade so perfectly. I should have posted my entry prices. I did not buy at the bottom. I ain't that good . . .I bought toward the end of the day at an average price of $70.57.
1 comment:
Heh. I made that same DDM trade - although I waited until after we cleared yesterday's range before jumping in. Better entry would've been after the second bounce from yesterday's low. Oh well.
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