WELL YEA Tom...that's where the rubber hits the road..
The LONGS LIVE for that....FEAR/GREED again. They can't SELL/BUY the swings because they are TERRIFIED of missing out on the BIG GAP UP !!! BUT...if you go back over A BILLION old charts...you see a LOT more GAP DOWNS than gap UPS ! My sister LOVES the LOTTO... she says...'if you don't PLAY you CAN"T WIN !!!" _I_ says...'if you don't PLAY you CAN"T _LOOSE_ !!!" Why be like the VAST majority of the people that play... A LOSER !!???? I'm way more afraid of a BIG loss than a short lived spike. That is my downfall on more occations than not.... buying in at the TOP of a channel THINKING that THIS is THE ONE...the BIG SPIKE IS COMING THIS TIME.... only to see it hit that resistance and BOING !!! DOWN it goes...buy at the bottom...sell at the TOP, when it DOESN"T break out. IMO. catman...IYSA
PS..SELL THE SPIKES....ALWAYS !!! I only sold 5 of my 10k share of USGA the yesterday day...I should have sold them ALL at 1.74...it's at 1.45 NOW ! I'm going to buy my 5k back if it holds here... .30 cents X 5k...REAL MATH ! I'll only sell half sometimes BECAUSE of those HEAVY SPIKES ! I got some 'fuzzy' email from USGA today....they are NOT speaking out about this NOW because of LEGAL action that THEY ____________AND__________ the ___SEC___ are going to take against OURSTREET !!! When the news that the SEC has about had enough of those TERRORIST BASTARDS at TerrorStreet this stock will SOAR again ! methinks.
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