HERE'S SOME OF THE THINGS I'VE BEEN THINKING.
READ THE CHARTS ON ANY INTERESTING COMPANY, FIRST OF ALL. IT'S SO EASY TO SEE THE CYCLES, THE UPS AND DOWNS. SOME CO.'S HAVE SUCH OBVIOUS SWINGS, EVERY MONTH AND A HALF, FOR INSTANCE. I'VE ALSO NOTICED SWINGS AT THE ENDS AND BEGINNINGS OF THE MONTHS, IN A LOT OF CASES. I THINK IT'S A BIG GAME THAT HAS ITS' CYCLES AND YOU SIMPLY NEED TO RIDE THOSE CYCLES...TAKE PROFITS AT A PRICE YOU'VE SET FROM THE BEGINNING, WHICH HELPS TO TAKE THE "EMOTION-OF-THE- MOMENT" OUT OF YOUR DECISION MAKING.
BEFORE INVESTING SET YOUR SIGHTS ON A BOTTOM PRICE. IF YOU MISS THE BOTTOM BECAUSE YOU THOUGHT IT WAS GOING TO CONTINUE DOWN, BUT IT DOESN'T, DON'T SWEAT IT BECAUSE YOU'LL KNOW THAT MOST LIKELY THE CO. JUST BASED AT A NEW LEVEL.
I'M LOOKING AT SOME COMPANIES AND WAS WONDERING IF YOU GUYS TO EXPERIMENT WITH ME ON THESE.
ETIM HAD A HUGE JUMP 2/16. IF YOU LOOK AT THEIR CHART, YOU'LL NOTICE THAT THEY HAVE A PRETTY OBVIOUS MONTHLY/MONTH-AND-A-HALF SWING. I THINK THAT THEY'LL CORRECT, JUST LIKE RGNO DID, AND IN A MONTH OR SO, WILL BE READY TO GO UP AGAIN...MIGHT BE A GOOD PRICE LOWER THAN THE .0007 IT WAS 2/16 MORNING.
CCNG IS AT .0007, BUT WAS AT .0014 MORNING OF 2/16. IT DROPPED FROM A SPIKE AND COULD GO BACK DOWN IN THE WEEK OR TWO...MAYBE ALL THE WAY BACK TO .00025. ONE THING TO NOTE, THOUGH, IS THEY MAY ANNOUNCE A CONTRACT WITH THE NBA THIS WEEK WHICH COULD TOTALLY MEAN THAT THEY'LL NEVER GO BACK DOWN TO .00025. MAYBE THEY WILL SPIKE, AND NOW WOULD BE A GOOD TIME TO GET IN SINCE IT DROPPED 50% ON 2/16.
MKGP COULD BE ON IT'S WAY UP. IT MIGHT BE A GOOD RICE AT .06. BASED ON THE CHART, IT COULD BE ON A RISE, THAT COULD LAST JUST LONG ENOUGH TO MAKE A PROFIT.
BEIC HAS ME GUESSING, BUT FROM THE POSTS COULD BE A GOOD BUY WHERE IT IS, WHICH IS .09. I THINK IT WILL REGULATE AND BE IN THE .02, POSSIBLY IN A COUPLE OF WEEKS, WHICH IS WHERE IT WAS 2/16 MORNING.
BASICALLY, I AM GOING TO TAKE TIME TO DO SOME DD AND RIDE THE WAVES. THEY REALLY DO COME AND GO.
BASED ON THIS, RGNO IMO IS RIDING ITS WAVE BACK DOWN, BUT WILL SPIKE AGAIN IN A FEW WEEKS TO A MONTH.
ALSO, I'M LOOKING FOR MOSTLY CHEAP SHARES. I THINK IT'LL BE BETTER TO BUY AT .0002 LEVELS AND WAIT FOR A SPIKE, THAN IT IS TO TRY TO JUMP ON SOMETHING THAT HAS ALREADY BEEN A TEN BAGGER FOR EVERYONE ELSE WHO GOT IN AT .0002. THE ONLY POSTITION I HOLD WITH THIS PHILOSOPHY IS CHNW, WHICH I DO BELIEVE COULD BE VERY PROFITABLE.
LET ME KNOW IF YOU THINK I'M OUT OF MY MIND.
