That all you traders(even long) opt OUT the day this pops and you miss it.Cockroaches-not investors.NOONE, I mean NOONE can time a stock or the market precisely.Hope you scr@w up.Oh, but have a great day:)
As a matter of fact I am down. It will be ok. I have a core position (average cost of $38.25) and a trading position. I still believe fundamentals trump conviction. This stock will do very well. The shorts will know the pain we have felt soon enough.
Wrong NIMROD.I use TA to exit or enter market(by substantially increasing or decreasing equity allocation)-explaing my virtual exit(save a few blue chips)in summer of 2007 and re-entry early 2009(over my "standard" ceiling of 40% to 60%).Same with stocks in terms of WEIGHTING.But, PURE trading is a fool's game.Statistics prove it. Trade around a core? I do that.I said "PRECISELY," but you can't read.Hope you're out on the pop-better yet-short.