The Bottom

Bottoms come in all shapes, sizes, types and colors. Big and small? Long and short?

Nice bottoms have even become so popular they have their own T.V. Show. Nicki Minaj is very thankful for the bottom. 



Coco?? Last i checked there was a Zipcode request for that one. But yes, she has a T.V. Show as well.


Spotting nice bottoms can be considered an art form. Especially for a trader looking for the perfect time to go long. Is it the capitulation volume? Chart signals like the moving averages or bollinger bands? Sector news? Sometimes it's just intuition. Either way, on December 14th, 2011, we spotted the bottom of all bottoms. had just touched the bottom bollinger band at $445. We wrote about that action here. To add fuel to the fire, Cramer put Priceline.come(PCLN) on his "Stay Away" list the next day. We wrote about that here.

Check out that chart we posted:

Now check the chart nearly 3 months later as Priceline.come(PCLN) nearly hit $700:


Anyone can look at a chart like's and figure the odds of it going down are better then the odds of it going up. If trading was that easy we would all be Millionaires. What separates those who make the millions and those who lose their money, are the ability to see through all the fog, the distractions, the short call articles like this one(here).

Cramer has been wrong to the tune of $255 in the past 3 months. is now up 64% from his bottom call. I guess Cramer does not like a good bottom. I'll get Coco his number.

More to come on Be sure to check out our chat for our trades.



Profile photo of jimmybobJimmyBob (Scott)has been trading equities for over 15 years, a majority of which were OTC micro-cap stocks. He started trading high risk stock options over the past 7 years, and has proven winning trades in excess of 15,000%.

As one of the Co-Founders of, Scott enjoys sharing his knowledge with other investors through timely blog posts, daily watch lists in the forum, weekly webinars, and helpful advice within the chatroom.

More Posts by JB: View All | Private Twitter Feed: Access Now! (For Diamond Members)

Leave a Reply