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Re: Pennyland post# 15597

Friday, 09/03/2010 11:50:01 AM

Friday, September 03, 2010 11:50:01 AM

Post# of 28749
Honestly, if there is a doubt I may have with a daily chart, I can help myself by looking at a weekly to see the big picture especially if the company is in a sector I understand and know what the prevailing longterm trend is. Then, if the trade goes against me, I will know if it is in a range that will be acceptable and then let the market come to me perhaps even adding to the basic position.

"... With a little perspective you can live a life of permanent purpose... When you know that everything matters - that every move counts as much as any other - you will begin living a life of permanent purpose... "

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