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Forum - ECHO AUTOMOTIVE INC - ECAU   

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From: kcprinters (Rep: 679) reply to cardlynnDate: 01/31/2013 12:46
Forum: ECHO AUTOMOTIVE INC - Msg #48Thread #673497389 (Rec: 0)
Re: Man I hope this 1.40-1.50 area isn't the bottom. The steeper the fall, the ea...yeah, the chart feels too choppy for this to be the start of a nice big bounce IMH - usually the straight downs respond much nicer. This just creates uncertainty and more scalping. Hell, maybe this was all just a dip for the eventual LEXG $10 pop though??

Unless we get much more fall, I expect I will just sit and watch it. I made good money and this kind of pattern is where I usually give back. I need to break that habit and stay away from what I'm not good at!



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DISCLAIMER What I post is an opinion only, by no means a professional opinion! I choose to put an emphasis on fundamentals, and even if something screams a buy, I've learned that the stock may not move just because the fundamentals say it's undervalued. If I post about a stock, it doesn't necessarily mean I hold shares - I often like to just discuss plays for the sake of conversation. This is a forum of discussion...for ideas - do you own DD and take responsibility for own trades.



Reply to cardlynn - Msg #81044 - 01/31/2013 12:37

Man I hope this 1.40-1.50 area isn't the bottom. The steeper the fall, the easier and more profitable the bounce trade is
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