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Deadb440

10/24/07 8:54 PM

#2574 RE: doctorS #2573

LTHU Chart...imho fwiw

Wizetradr

10/24/07 10:03 PM

#2575 RE: doctorS #2573

DoctorS....


First off, when you pull up a chart, whether it be daily, weekly or monthly, the time frame is automaticaly changed to that time frame. In otherwords, a daily chart shows the ma's (Ma = Moving averages} for a day, the weekly chart shows the ma's for the past week, the monthly chart shows the ma's for the past month. And that is fact! And it is easily proven.

So your theory that the ma's are daily on all charts time frame is simply...Wrong.

Another thing that I have noted from your post is the fact that you are trying to predict a cross before it has actually happened. To that I have to say "to predict a cross, is predicting a loss" the system we teach here is about confirmation, once a trend change occures than we will verify that with confirmation of a 5 /10 weekly or a 5/20 daily cross.

We do not speculate that the cross will occur, which is what you have been doing here, we wait for the cross to actually happen. That makes a hugh difference between winning and loosing trades.

This is strictly my opinion, but I think you have so much invested in LTHU, that you are being blinded by the pure facts that the chart has changed to a downtrend. No matter how bad you want it to go up, the charts are contradicting what you are saying. My advice to you is... Get out of LTHU, unless you want another GTEM on your hands, and get into the stocks I recommend. These will be much more profitable for you.

You have fallen into that really sad catagory of, again, falling in love with a stock, rememeber GTEM? That's a bad place to be. Trading stocks is not about love or ego, it's about making money. The path you are on, is not one I want preached on this board, trading stocks is not about emotions, it's about facts. And thats what we provide here.