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Re: rookie2012 post# 777

Friday, 06/29/2012 9:30:37 AM

Friday, June 29, 2012 9:30:37 AM

Post# of 89915
rookie2012 Its past reality check time, AGRT play is over. How can you tell? First it fell very hard off the 50ma to .22 then .15 then bounced off .11. And it was a very good bounce up to .41 just shy of the 50ma where the TA experienced traders sold the last of the shares they bought in the low teens. It then fell back as low as .15 then bounced back up to low mid .20's to fall below .21 and the volume is getting lower and lower and lower.

You said that no emails since 20 June. AGRT has become like a old girlfriend to the TBX guys that they wish would just go away and quit calling.

I mentioned 3 key levels above 2 have been revisited .21,.15. That leaves .11 level to be revisited.

I traded AGRT twice the initial run up sold in low .60's then waited for the bounce. Never held it for more than 3 days, absolutely no reason to. Just look at the chart and see the way it moves up and down very sharply. Volume takes it up lack of takes it down. Most of the time AGRT had anemic volume. The experienced traders are done with it, gone, moved on, not coming back, old memory.

rookie learn from this and don't get roped into the hang in there, lets see what the days ahead brings BS. You either learn to do this on your own or you won't be doing it in another 6-12 months.

I say that because thats all it is BS. To trade effectively you need rules.

Here's one that's real important.

If the trades not going as you planned GET OUT GET RID OF IT.



Stocks are like a bus miss one and sooner or later another will come along.

APS will have another play soon. Mark my words the next one will be a low penny play if not APS is done. They made a fortune on GWBU but most that bought it got slaughtered. The bounces weren't even worth playing after the fall.



That's what the days ahead have in store.

http://stockcharts.com/h-sc/ui?s=AGRT&p=D&yr=0&mn=2&dy=0&id=p32653028737

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