Kong...
I just wanted to give you all the ammunition
that will be needed for admonishment by
saying that I bailed out @ 5.3 today...
completely...but dagnabit...a profit is
a profit. Not to mention a couple of
facts I just couldn't ignore. The
strongest one of the two was how short
a time ago it was that I was REALLY
sorry that I had bought this questionable
play on Chineses wireless media...the
buffer of cash didn't make up for the
deminishing margins on all fronts,
fundamnetally. The other reason and
really the most sound one to justify
not holding ANY more shares was that
when I asked myself if I would BUY this
NOW, I had to admit that it was time for
a major pull back, despite the magnetic
qualities of that 200dma, this has become
to parabolic NOT to test the 50day again.
That's my story, and I'm stickin to it...
despite how much it may hurt me tomorrow.
(What other choices does one have when the
fundamentals AND the T/A is telling you to
do the....SAME THING ?)
catmaniac
PS...there's always the 25% ROE in the
last three months to console my shattered
sensabilities.
Vana Catman fondles his mellons...
