let me explain

来源: 2011-08-19 07:30:09 [博客] [旧帖] [给我悄悄话] 本文已被阅读:

so with the short term bottom in place, an oversold condition into the bottom, for a first retest, is USUALLY successful.

also, depends on what time frame is looked at... the 8/11 pre-market can be considered the first retest, on a shorter time frame..

in anycase, today's open was a low risk opportunity.

this types of chances will occur many times in the coming weeks, as the strong emotional spots do exist on the charts now.