According to a book called "Street Smarts", when bearish news comes out and then market makes a swift move down immediately, and then slowly crawls back and get one tick above where prices were when the news broke, you can go long with a stop just below the low of the prior move. ie. the high as the bearish oil inventories news came out was $65.55. We then made a low at 64.27. That low was made less then 30 minutes of the news. We have since come back. If we get above 65.55, you can go long with a stop just below 64.27. For me that is a big stop so I am not going to use this trade and additionally I have seen goldman sach do pump and dumps too often and set traders up who use this set=up. A better trade set up may be to see if we make a slight high above 65.55 and then come back down to stop all the traders out who use this trade set up, so going long at 64.25 with a stop around 63.90 could be a better deal . Anyway we are only at 65.30 right now so this is just a potential trade at this point.