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richrichrich

05/27/11 11:40 AM

#10565 RE: cruzdelsur #10564

Would be nice to have news today, or Mon/Tues...... Markets and banks closed Monday. Of course, they used the term "expected", as is common with these types of things. You would think there would be more buying today, based on anticipation, and at these low levels.

I for one, never buy at the ask, or "chase" a stock upwardly. When I tried such once or twice long ago, it only got me into trouble. Instead I'm a bidsitter, or a lot of times, even an "underbid" sitter. Call it negative thinking, with hopes of a positive outcome. If it will "dip" to my buy level, then there's hope it will head upward, once I'm in. Of course, this method can trap you, if it continues to go downward. But the "pain" is not as bad, as it would be, if you had bought higher(at the ask). Call it crazy, but I call it the "chicken" method........I'm sure there's a ton of people with bids in at .0001 right now, with similar hopes.
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firebag1

05/27/11 12:40 PM

#10567 RE: cruzdelsur #10564

IM A WAITIN!!!!!
GOOD STUFF