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Re: majorpain post# 17768

Monday, 06/02/2014 8:22:45 AM

Monday, June 02, 2014 8:22:45 AM

Post# of 74998
LUV - the fundamental and technical analysis, clearly shows through evidence of the steady and persistent drop in the stock price since the R/S that it is a bad investment. It is not just my opinion, it is what the unbiased charts show.

Can one make money from the quick flip on the dips and short term rises? absolutely, and congrats btw to you and Bull5!

Your assumption that the technical and fundamental issues which dictate the stock price really don't seem to matter all that much in some cases is incorrect - it is the opposite - it matters in most cases. Can a blind squirrel get a nut? Sure thing. I am not discounting your gains as you have stated on previous posts, you are a gambler and willing to play the swings for the occasional win. In my observations, successful day traders do not ignore the odds associated with the fundamentals. The short term bump in price is likely over (for now) as we are back approaching the previous lows.

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