Actually I sold a 1/4 of the half I had held past 18 near the low last week. Absent analytical data, I relied on the charts, and they looked to be preparing for a decision point. I was confident that it would come back up, but not so sure that I would let it burn me if I was wrong.
I sold some options last month and closed at a profit. I almost opened some calls Friday, it would be in the money today. Oh well. I have been lucky, but reacting to both anouncements and the graphs. I look at volume. The volume in June indicated accumulation. Since then upgrades have preceeded heavy volume up days. I don't think the gamblers are taking the sucker's bet yet. If it gets to 30, I will have to get back into the numbers if I have not already sold it.
Watch the volume and the price movement in the second half of September. If you se a couple up days on increased volume get into the market for a few days minimum.
I see what you mean about the forums here. Not a single of the 20 securities in my trading portfolio are represented by subjects on IHUB. On the other hand, SI is being dominated by rude posters these days.
Thanks for the regards. I am currently in the penalty box. Penalty box posters are allowed 3 posts per day. If I ever had an account here (before this week) is appears to be gone now.
Your fellow investor,
Peter
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