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Re: Recognizer post# 4168

Thursday, 01/26/2012 10:01:58 AM

Thursday, January 26, 2012 10:01:58 AM

Post# of 4247
WOW! Well, I guess I would have bet wrong on this one. I was right about the significant breakout. I should have mentioned that the breakout from a symmetrical can go in either direction. I actually took a position yesterday at $0.36 expecting it to go the other way. But, when I could see that it was not moving, I sold it at $0.37 thinking I would try again today. I'll tell you this. Swing trading like I do, has saved me a lot of money over the years. If the market does not do what I expect it to immediately, I just get out with a small profit or loss and wait. When in doubt, stay out. Good rule to follow!

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