Hi, JB. I don't post here often but if what you're saying is true, that when certain MMs leave the room, the price begins to rise, this tells me there is some critical mass of buyers itching for the right moment to get busy here . That's useful information.
A comment on dollar cost averaging if I may. To a small point, that strategy has its place, to be sure. More often then not, though, it's used as a rationalization for making poor decisions.
I would rather, sell of a perentage of the position at current prices , then put the proceeds into a buy order at some worthwhile lower price than to watch my position dry up like an abandoned piece of fruit .
I feel bbrw does have some potential so I am positioning myself accordingly, but I'll be gone in a heartbeat if worstcase scenario comes into play.
Spock..... don't you just love a good Reuben sandwich? Good luck, kids .
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