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Estimated_Prophet

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Estimated_Prophet

Re: Jamar_Grip post# 28811

Thursday, 09/17/2009 11:20:14 AM

Thursday, September 17, 2009 11:20:14 AM

Post# of 33450
It just depends on the situation, and what else is out there. I usually choose charts with the best consolidations and best upside(based on my read of the weekly chart). Sometimes I'm able to hold for the target, but many times I sell too early. USAP I'm scared could be done, so I sold. I think CPSL could reach $4, and I'll try and hold for that. MEA should hit 7-8, IMO. Hopefully they hit that, and I hold for that. Always the toughest part of this game.

Ideally, I think you sell a portion after 15-30% pop, and let the rest ride into the hopeful target. Always easier said than done.

To know the truth, one must get rid of knowledge, as nothing is more powerful and creative than emptiness.

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