Let me start by saying, for ME, I RARELY buy any stock without a quick little DD. I rarely buy on chart only. Sometimes the quick chart scalps, but especially in a bear market, false breakouts can kill you. I'm just not a technical only trader, and there are very few that truly excel at that.
I also excercise, or try to, tremendous patience when buying and selling any stock. Often, if I don't get my price, I'll let it go. I'm not one for chasing . . . get burned more than not when I chase. Remember, there will ALWAYS be other runners. You can't play them all.
Buzz