So, here my friend, in the case of $MEET, I had a morning panic. A morning panic is a good pattern if you can actually recognize it, http://profit.ly/content/premium/13755 you can dip buy into a panic, and make a good money in the bounce, so I recomend you subscribe to tim alterts, not to get the alerts but to get the wisdom and the lessons of stocks like this http://profit.ly/content/premium/13862

https://www.youtube.com/watch?v=Lxz8BdkA22g

^ I hope the $ELMD example can help you understand morning panics (-:

http://share.robinhood.com/georget3 Check It Out

When it's consolidating across like that you WAIT. Do nothing till it breaks through support or resistance and then go in that direction.

I live in the SF bay area too. I was working during all of the Super Bowl craziness in the South Bay.

good patients

good ,but not good ..you used up half your ammo with the PDT rule ;/

@GeorgeDa13th I'm with suretrader, there is no PDT

So you're saying i probably cant short with a cash account?

From my understanding the short answer is yes because in a short sell in defination is selling a stock from a brokerage which you really dont until you do what is called buy to cover. Plus with a margin account your putting yourself at a higher risk to short sell. Dylan to help you this web page explain why you need a margin account http://www.investopedia.com/ask/answers/05/marginaccountshortsell.asp

Im sorry i forgot to add the word "own" in between dont and until

Thanks drifter. That helped out greatly. Being new here as well I am still learning the ropes. My head is still spinning.

I think this is the wrong call. It will be down tomorrow. Already see sell orders building up..if you do buy I wouldnt do it at the open but hey, its your money.

He just said he would dip buy

Hey input is welcome but yeah I wouldn't be buying right at the open. If anything a morning panic and wash into support would be prime in my mind

this looks like a chase ! its to late to profit unless your going short ... just my thoughts. hehe x)

CALI and You?

HI. Sorry, thought you was from the islands when I saw your pic