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Security National Financial Corp. Message Board

  • livermore1929 livermore1929 Feb 26, 2013 4:34 PM Flag

    Buy it only after others tell you its safe too?

    I understand TA logic, however it gets you in a higher prices with the theory that you are protecting yourself from downside risk. I guess it depends what your time frame is?

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    • For me personally, it has to show me it's done heading the wrong direction. I think if it starts heading up again tomorrow, there is a good chance those same shorts will start to pile back in and cover before the weekly expirations, too. I got out at $8.50 to $8.60 per share on the way down and will probably get back in around the same area if it maintains direction...never really lost much, just protected from some of the possibilities.

5.83+0.04(+0.62%)Aug 29 11:06 AMEDT