Problem is twofold. We don't want people to chase out of their maximum entry point...
BUT, if you don't chase, you are SUPPOSED TO BUY ON THE DIPS to continue the run once profits are taken in the first leg.
When we say don't chase, that doesn't mean not play at all.
Today, most didn't chase (which is good), but then most didn't buy on the dips and most didn't get in at all (which is not good).
Why do we have a mentality here that if you don't get in before the first profit taking, that the run, and the day are over?