Wednesday, November 12, 2014 3:28:21 PM
Interesting comments monolith...
in some ways my passion to study does make me want 'perfection' perfect understanding or at least striving for best understanding, developing best skills that I can in anything.... but Ive also learned that the way using technical charting works best for me is actually not to pinpoint a precise target point, but rather find a 'zone' . I always describe a zone, where price might target. a Fibonacci retracement area is a zone,by example. 38%/50%/62%
etc..
As for my own positions , where I have entered , bought some or sold some....most ly I have been a buy and holder , since 18 cents . I sold some around some 'top zones' including a little at 3.25 area in late october.
I have been waiting for the pullback into that 2.80-2.20 zone...and it went only to 2.80
I did not buy the 2.82.... Sometimes I make that mistake. Other times,I do buy the first pullback zone and regret it when price falls lower. Its always a guessing game.
I knew 2.80 was in the zone but I was 'thinking' it could fall to 2.40.
I guessed wrong so far on that one.
Right now, the 3 dollar zone is a critical balance point in my view.
As a rule, I hardly ever buy the top side breakout, and I wont be buying 3.50 either.
I own enough shares to be happy with. I was willing to buy more at 2.50/2.40 area. I might be willing to buy at 3.00-2.80/2.90 now if it falls there. not sure.
I might just wait until after the Next Giant Market Crash, that looks like it Will Happen ...what will CTIX share price be if we get a Market Crash. Its an important thought to consider these days in my view.
IF the market crashes, CTIX will be one of the first stocks I buy all over again.
My last purchase of shares was at 1.70
I appreciate your comments. good investing to you.
in some ways my passion to study does make me want 'perfection' perfect understanding or at least striving for best understanding, developing best skills that I can in anything.... but Ive also learned that the way using technical charting works best for me is actually not to pinpoint a precise target point, but rather find a 'zone' . I always describe a zone, where price might target. a Fibonacci retracement area is a zone,by example. 38%/50%/62%
etc..
As for my own positions , where I have entered , bought some or sold some....most ly I have been a buy and holder , since 18 cents . I sold some around some 'top zones' including a little at 3.25 area in late october.
I have been waiting for the pullback into that 2.80-2.20 zone...and it went only to 2.80
I did not buy the 2.82.... Sometimes I make that mistake. Other times,I do buy the first pullback zone and regret it when price falls lower. Its always a guessing game.
I knew 2.80 was in the zone but I was 'thinking' it could fall to 2.40.
I guessed wrong so far on that one.
Right now, the 3 dollar zone is a critical balance point in my view.
As a rule, I hardly ever buy the top side breakout, and I wont be buying 3.50 either.
I own enough shares to be happy with. I was willing to buy more at 2.50/2.40 area. I might be willing to buy at 3.00-2.80/2.90 now if it falls there. not sure.
I might just wait until after the Next Giant Market Crash, that looks like it Will Happen ...what will CTIX share price be if we get a Market Crash. Its an important thought to consider these days in my view.
IF the market crashes, CTIX will be one of the first stocks I buy all over again.
My last purchase of shares was at 1.70
I appreciate your comments. good investing to you.
