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Alias Born | 05/10/2004 |
Wednesday, August 01, 2007 12:04:27 PM
If this puppy tries a drop down, there will be buyers. No, let me restate that: WHEN this puppy dips, there ARE buyers. Not future tense... present tense.
The technical name for this action is a "flag" formation. It is flagging at a high consolidation.
My actions will be just the same: be an opportunist and buy each and every dip.
One of the stupidest things about greed is its impatience. Pigs get slaughtered. Settle down everyone and buy each and every dip you see. This puppy ain't gonna fall apart. IMHO, dips are chances for all you newbies to load up and make a chunk of change. IMHO, dips are chances for all the longs to get more. And, by the way, I trade for a living and unlike some folks, I actually know how to read a chart.
Imperial Whazoo
"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."
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