[RT] GEN - Price shock

[wong <whs@xxxxxxxxxxxx>]

Hi All:

Though this is a general topic, for me, it's more for the stocks than futures.

Here's an extract from Kaufman's "Smarter Trading" on price shock.  (It
runs on for a number of pages more.)

We've witnessed a number of high-flying stocks like QCOM, LU, EMC, AMGN...
that have quarterly reports or other news and then ... wow ...


I don't know how to read charts accurately, so I'll leave this to the
experts here.

If we can identify which stocks have the type (c) formation (cf the
attached file) - a "false" shock,  and be ready to enter long on some of
these "fallen angels", either stock or leaps/calls, we'd stand to gain a
lot....


Any follow-up?


Regards,


Wong

Attachment Converted: "f:\eudora\attach\price shock.jpg"