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Sunday, August 17, 2014 5:48:05 PM
the RSI right now is just about to be....overbought...if it goes up to around ..23-25.
but as you know..that RSI can stay over bought and for days,,,sometimes even weeks....while the stock still keeps rising...
then it finally will taper-off and fall back.
so it's the 'herd' instinct that always get the best of one
seeing a rising stock you want..only to buy in..when
EVERYONE is buying..which usually and cruelly always is at the TOP
only to watch it fallback way to many percentage points...
then buyer remorse sets-in.
but if one feels this is a long term investment..
and wont be looking at the stock every 10 seconds...
then.....
this area of its PPS seems to be..very reasonable
considering what it should/will/hopefully is
one year from now.
thanks for your input.
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