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S&P 500
5,221.24
(
-2.34%
)
US TECH 100
17,392.80
(
-3.10%
)
Dow Jones
38,847.06
(
-2.24%
)
Brent Oil
76.43
(
-0.91%
)
Bitcoin
54,337.15
(
-6.07%
)
Post# of 42439
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masko23

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masko23

Re: None

Tuesday, 07/28/2009 11:53:32 AM

Tuesday, July 28, 2009 11:53:32 AM

Post# of 42439
I dont post here much but I think the intelligent thing here is to look at the accum/dist. I have almost 1M shares and am down almost 50%. It is not prudent to "average down" when the accum/dist is looking like this. just look at the correlation between this recent down trend and the sudden drop in the accum/dist. I think it smart, if you want to average down, to wait until it bottoms, which, imo, isn't now

http://stockcharts.com/h-sc/ui?s=ARTI&p=D&b=5&g=0&id=p36990573949&a=172612324

"Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment."

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