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Re: kolchakil0 post# 20705

Friday, 03/04/2011 11:00:39 PM

Friday, March 04, 2011 11:00:39 PM

Post# of 47295
No rounded bottom there IMO.

Your falling into a mistake one does when one likes a company, before charting it. The perceived, I like it, forces you to search various chart combo's, until you see something positive to support your like for the company!!

This is a TRAP and one should chart first and read after! Enter the evaluation with a basic, clean and simple mindset. Find chart patterns with positive & entry indications. It's that easy.

Always choose a chart length which matches your trading plan. Meaning a 3 to 5 year for long term investments. 1 year for an investment. 6 month for a position trade. 3 month for a swing trade. And 1 month for a day trade. Else your just trying to justify your already formed opinion.

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