InvestorsHub Logo
Followers 151
Posts 86857
Boards Moderated 1
Alias Born 11/29/2003

Re: George the Greek post# 360863

Wednesday, 04/02/2014 1:10:58 PM

Wednesday, April 02, 2014 1:10:58 PM

Post# of 376163
Agree, George...you tend to get complacent when you get green...

You do need some rules re: exits....


Look back at that volume spike and gap on 17 March...

Likely was an exhaustion top...

meaning everybody who wanted in was in already and all that was left was distribution...


I always ask myself two questions....

Would I be a new buyer up here?

And will I likely be able to buy it cheaper tomorrow or next week?

If your answers are 'no' and 'yes' respectively...

Well you get the picture...<VBG>







Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.