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Re: plashadpobedy post# 1266

Thursday, 06/09/2011 10:48:42 PM

Thursday, June 09, 2011 10:48:42 PM

Post# of 1298
Plash, you're right, the stock is not the company. Something I keep forgetting.

I guess I need to really stop thinking about a company being worthwhile, and looking more at its chart, like newly said. For example, I've been looking at some Chinese stock charts, besides SOL. Stocks like LIWA, APWR, and GSI all have charts that show obvious down trends.

Those charts show that I could have said that almost each day in the past month was the bottom, and I'd have been wrong. They just keep going lower. Glad I seemed to have had enough self-control not to buy them.

I saw something on some blog tonight that said to never hold a stock overnight. I know some people do this kind of trading, but it really shows a total lack of trust in the market. As much as I hope it never comes to this, the market is becoming so volatile that maybe that might be a good policy. At least, everyone's losses would be smaller (maybe).

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