Great stock!!! I've heard about pocket pivots.  What are they?

Have you seen/what do you think about UGA?

Keith

Pocket pivots are rallies off the 50 day, 20 day or 10 day occuring with greater volume than any day within the previous 10 days.  I will not buy anything without one.  I buy within 4% of the moving average where the launch starts from.

UGA very thin.  I want at least $20 million of trade every day. If you own, I figure UGA is a hold today.  Too extended to start.

....any down day within the previous 10 days.

....any down day within the previous 10 days.

Hi Abe, Sorry not use to you terminology. What is stacked up? How are you measuring volume during the day? Actually even 2/16 looks good also.  thanxs

Pocket pivots - Dr. Kasher's exact words are "On the pocket pivot you wan to see up-volume equal to or greater than the largest down-volume day over the prior 10 days."    I find it best when it is rallying on volume greater than any day in the previous 10.

Stacking refers to O'Neil's buys 1, 2 and 3 etc.  50% of the position then 30% then 20% to reach 100% of the position.  I use 18% 15% then 12% as the stock rises.  After it gets a good intraday test and starts again, I usually will start again with a little less 15% 12% and 10%.   Then if it continues to work, 10% again and finally 8% All within the 5% or at  window.  That way I can stack up to an O'Neil style 100% in one stock and I am only getting really big into a stock that has a strong tendency to get back to new highs.