Indicators downtrending still, Selling 5's at Open ... buying 4's or 3's then fast if it goes that way, and at no Loss ... already took profits of half the 5's at 8's, and Chance here at better position at 3's or 4's ... If the Big Run really happens.
Trading the Chart here ...and the short term day by day Trending ... not wasting time buying and Holding while it moves sideways for weeks ..
Already took profits as one should do in any Trade ...what Trading is about...as "DoingFine" points out ... Trading ... not buying and cheering small ups and quibbling over small Down Turns ...and merely Holding while a Stock goes just goes sideways for weeks or months ...
There is a time to Hold ... and a time to take profits and reposition a Trade ... some say Flipping is so bad ... yet if the momo is set up for it ... a Fool only Holds and cries about it instead of taking profits ... For Flipping Will Happen either way whether single strategy buy and hold limited approach to trading cheerleaders moan and groan about it.
Savvy Traders, those who accept the Flipping of 100s of traders not on the IHUB Boards and by the MMs maybe, money maker Traders, what Trading is all about....will Trade Penny Stocks, especially the Trips ...2,3, 4 or more times in a Trade before it makes its Big Run finally ....after sideways meandering share prices for months ... or before it just tanks altogether if that happens ... yet all the while still making money if having Traded the Stock as an intuitive Trader instead of standing around Holding in the crossfire taking hits after hits.
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