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Re: linhdtu post# 9046

Monday, 06/24/2013 11:14:13 AM

Monday, June 24, 2013 11:14:13 AM

Post# of 426316
I can't read the very bottom, though that would be a nice skill, but I can play percentages and have a good understanding of trends and technical's where I can put percentages to work in determining when to add. Obviously there is no fool proof system but I don't like to fight trends until I see a reversal of a trend, we're still getting lower lows and lower highs.
I will almost always miss the first leg back up but I have my core position either way and my analysis of the trend is it is still down and then my analysis of potential stock moving news is not until Adcom(barring NCE news) so will continue to wait until trend changes or news is closer.
I also believe worst case scenario the stock would get bought above current market cap so in that way adding more at these levels makes sense, odds are high in the LT you make money. Just not quite ready to pull the trigger myself.
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