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Re: scotyler100 post# 67272

Saturday, 07/17/2010 12:59:20 AM

Saturday, July 17, 2010 12:59:20 AM

Post# of 103302
I had sells set based on the chart and what I thought the top of a run up might end.

So I guess Bad Gambler is right with his statement "Three people in this world. Longs, NIMBYS, and chart guys."

I am long but I also play by the charts. As far as a NIMBY if I can make money by placing a nuclear plant in my backyard I am all for it... I will just take my money and move.

The charts are telling me the next resistance point is .006. So I placed sells between .0055 - .0065 (4 million shares)

My next group of sells was based on my prediction that we could spike to 15 cents. So I have sells between 1 - 15 cents.

But after looking at another stock that went from .006 - .90 I rethought my sells. I will sell some into the next rally; after all we all should take something off the table after a great gain. But I will pull the trigger and not some computer.

Hope that helped you understand where my mind is at.

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