Replies to post #141164 on Cascadia Investments (CDIV)

[Step-by-Step]

buying and holding are the mainstay foundations of the FLD........if one believes in it, the buying and holding expidites it and makes it more dramatic in terms of how high the squeeze will take the pps......but of course, you know that. (imo)

[papaul]

Darby - In Reply: "C here could be .20, but more likely even .05. Neither or these are trivial differences from .30s. Buying and even holding here is reckless and very, very poor risk management."

I'm sitting on a stash of shares since buying at .49 & .42

This isn't pretty and I will be extremely disappointed if the "Team" lets me down. I drank a lot of Kool Aid to get here.

Go CDIV
papaul

[Sup3rSlick46]

Well, I lied..I am responding to your post..

I am seeing point (C) occuring at .18-.21 also (give or take a few cents) but I do not see .05 as a likely target (not saying impossible) but each chartist to his own so I will not challenge your opinion here.. Although .18-.21 I believe would fall into the Fibonacci retracement zone which I am sure you are familiar with...

For anybody who wants to check the numbers for this retrace the formula for this MMD is going to be E-A=x x/2=y B-y=t (formula taken from Bulkowski) (capital letters reference the points on the chart)

Layman's terms: E-A = what? Take that and cut it in half, now you have ??? Okay now take your ??? and subtract it from B. Now you have t, also know as our target price. :-)

Anybody else getting .05? I'm not..