Trade Review HOLI 6/2/2011

Here is a trade review on our daytrade in HOLI yesterday. Many people have lost fortunes bottom fishing stocks and trying to pick the turn. Here is a setup for trading fallen stocks that has worked well for me over the years. I call it the bottom bounce play. We bought this in chatroom at 8.99 and sold our last shares 2 hours later at 9.8. All this while the market was tanking. This setup in particular is very low risk/high reward type of play.