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Re: pigsGETslaughtered21 post# 181552

Tuesday, 02/18/2014 8:28:55 PM

Tuesday, February 18, 2014 8:28:55 PM

Post# of 232507
Pigs, the common knowledge seems to be that KMAG ends and Live Track begins. There will probably be a period of time while KMAG still trades after the announcement. During that time the price could move significantly and many people may want to take profits.
My concern is to not get caught up in the fear/greed maelstrom and sell without foresight or perception. I must keep in mind my sermon, when this moves from .10 to .11 I am not making 10%, I am making more than 100%. So if I take profits, where am I going to put my money that will get that return? Furthermore, considering the predictions that this will rise above $1.00 I would try to hang on to all I have as long as I can.
In regards to a new chart, we have to build a database to get predictability in the intermediate to long term. But as I said the momentum indicators could give us somewhat good short term signals. But I am not ruling out such a dramatic move that no indicator will be right on until the initial impulse wave matures.