learned withing months of investing, that following advisors or analysts was a sure way to lose money. Anyone remember how nflx did recently, after being pronounced dead by almost everyone?
The pattern suggests, and I do trade using pattern recognition, that we get one big down day and then up and away again. If we hold 1500, then we for sure run up higher than anyone on this board thinks in the next couple months, and if 1450 is breached, then the bull is over.
bottom line: Am kicking myself for being so heavily short, but still holding another couple days. Will cover some at 1500, my breakeven point is 1495, love to see lower than that, but not expecting it.
We are all right sometimes.
