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armour1955

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armour1955

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Re: r2g2 post# 11212

Wednesday, 06/16/2010 4:56:24 PM

Wednesday, June 16, 2010 4:56:24 PM

Post# of 64445
Ace...this is typical of pinks...a run causes stop losses to be raised by traders..they take their profits and run to the next thing while the longs wait for the next run. A long sitting on 400% is comfortable and content to wait...a long sitting on a 50% loss because they bought at the top is miserable and starts posting negtative comments lacking the patience to wait for the next run which could be a year from now...

Also buying on rumor, selling on news is a basic axiom every investor should know
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