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Re: sahd3g post# 301

Monday, 10/05/2009 1:42:36 PM

Monday, October 05, 2009 1:42:36 PM

Post# of 21090
sahg what novice like the one bashing me right now pulling up so called bad calls (when I state 75% will make you wealthy) dont understand is TA also gets you out of a stock when RISK is high.

Right now the risk is high HDY will see at least 1.30 before the correction is over, and when it was 1.78 the day after the stock hit 1.90 and the stochastic turned down at about 80% and the stock had a BIG move the risk was EXTREME high it would correct and see at least 1.40 and likely 1.30

Well what 3 days later dips below $1.40 on the FIRST leg of the correction (corrections are most often 3 wave events) and on the rebound up (2nd wave of correction) does a normal retrace for a B wave then heads back down in a IMPLUSE manner and is right back to $1.40

Well I posted the buy back for HDY (first times in I bought .24 out .50 in .42 out .90 ) on RB the day the candle formed and was in 1.03 to 1.05 area, sold 1/2 1.40 other half 1.70


And the clown talks about how I mised the move.

Well right now I am allowing more time for it to base (and for the record $1.40 may hold) and playing gold/silver today, HL and NSU


By the way I was honest when I said pump on, heard about HDY when you posted on the BQI board I think it was. I looked at HDY because I was already playing other stocks you were in, namely BQI, ERHE, MNAP and I think you are also in FEEC.

Thing is I play them differantly I think mainly becuase I have developed my TA skills and have traded pennies on and off for over 25 years.

You get a feel for how they trade and what are pumpers, and more important you NEVER EVER worry about being out when news hits and blasts the stock. The error most all make is being afraid to be out, BAG HOLDING, never selling and the news does not come, or the market does not react the way you think, or a monster C wave down starts the markets thunder in and takes everything along with it.

Seems you have not learned that lesson yet based on your posts.

Got to go watch how HL and NSU are doing now that lunch is ending, maybe I will keep maybe not, gold/silver looking GREAT.


If you have not studied and made big profits using TA you might consider being wise and forgo your critical judgment of it.