BOTTOM FISHING JOHNNY
- Posted by ZorTrades
- on April 19th, 2011
I have no interest buying breakouts under these market conditions, sure some are working, but I like when a bunch are working….Here are a few bottom fishing candidates, that make better buys on pullbacks than on breakouts:
NOTES ON CHART, CLICK TO ENLARGE:
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Frank Zorrilla is the founder and chief investment officer of Zor Capital LLC.He began his Wall Street career 10 days after his 20th birthday when he became a Series 7 licensed stock broker. More »
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