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Re: waycokid post# 6909

Thursday, 07/12/2007 5:10:35 PM

Thursday, July 12, 2007 5:10:35 PM

Post# of 47295
BR549 brought that one to the board earlyer. I thought the second day continuation might work. But didn't see it in the AM rush hour. So didn't enter. between 10:30 & 11 AM.

PS; don't buy in rush hour. It's my stay on the sidelines and see what the emotional fools do, thing. Trade their reaction, not with them! Saved my butt MANY times since I learned that one! LOL

Got caught in too many runs, which turned into dives! Easy to close a buy, hard to close a sell! Remember to sell out of a dive with conviction. Below the bid! Again don't join the herd at bid! Get passed by to often. By the time you lower you bid sell order several times & close. You would have been better off taking a extra point or 2 loss in the begining. IMO

http://www.investorshub.com/boards/read_msg.asp?message_id=21158856

Now with the strong retrace profit taking volume, I doubt it will do anything, but retrace. .175 resistance is a problem also.





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