Mike,
TSLA is a good example of O'Neil's rule that if you get shaken out of a stock that shows resilience after the shakeout then you must buy back. I was shaken out of this stock on the big drop day but unfortunately never bought back. Using this recent example, at what point do you think the proper buy back price should have been the day after the shake out? What signs would you be looking for in price and volume intraday? If you would have waitied until the end of the day in order to know how it was going to close it seemed to extended to have a safe re-entry.

Thanks,
Mark