william2112
Sorry I drug out your personal holdings info, by posting some of mine. I don't know, some may feel my posting is brash, but that's who I am. I always seem to talk about personal things that should be kept to myself. No class. I just feel if members are reading my opinions, I should be willing to back my mouth up with my actual actions.
As for you adding to your positions and not swinging some, it's your call, as it is for all. I'm not trying to say, my way is correct and others are wrong. Just backing up my opinions, with black and white statements, which anyone can refer to. That way, all will know when I succeed and fail.
A poster just said, they committed the sin of falling in love with a penny stock GTEL, well I did that over a year ago, but hedge my sin (the long lump) with my head, by swinging a smaller amount as often as possible.
Last year I lost money on my long (sold out - tax loss - worked good for me) but made plenty on 8 swings, which put me ahead for the year in GTEL. This year I'm doing the same thing. Got 1 double already (possibly the last) and soon will get another 50% play. By the end of this year, I expect to be up on GTEL again. Event if my long (I believe lump) looses again, like last year.
I want everyone with Gtel to win, and I know many just lost last year, so I'm stressing my opinion to hold a lump and swing the runs. IMO GTEL is a win win 2006 for sure. Last year it was a win loss, in which my method kept it a win for me. So IMO longs should cover their butts, by swinging some also.
I don't plan to retire, because I trade for a living and will be sitting here when I'm 70. HOPE!
PS: as for your candles, I tried to learn them and found it to hard. To much to remember for my old brain. So I just refer to a cheat sheet that shows maybe 20 bull & bear pattern to see what's what, Most of the time, what I see isn't on the sheet. LOL. I envy you, being able to quote their actions, because they've been around the longest of all indicators and any thing around hundreds of years has to be good.
Success!
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